Bitcoin Price Analysis: BTC’s Rally Could Be a Bull Trap as Sub-$60K Target Remains

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July 25, 2026 · 4:41 PM

Bitcoin Price Analysis: BTC’s Rally Could Be a Bull Trap as Sub-$60K Target Remains

Bitcoin is consolidating just above the $60K region after a volatile first half of 2026 that saw the asset collapse from its January highs near $96K. The recent rebound off the June lows has restored some short-term optimism, but the price is now stalling directly beneath a heavy confluence of moving-average resistance. Whether this becomes […]

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