{"id":74602,"date":"2026-06-26T21:25:40","date_gmt":"2026-06-26T21:25:40","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-traders-push-btc-near-60k-as-30-ytd-decline-keeps-2026-bear-market-in-focus-bitcoin-news\/"},"modified":"2026-06-26T21:25:40","modified_gmt":"2026-06-26T21:25:40","slug":"crypto-traders-push-btc-near-60k-as-30-ytd-decline-keeps-2026-bear-market-in-focus-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-traders-push-btc-near-60k-as-30-ytd-decline-keeps-2026-bear-market-in-focus-bitcoin-news\/","title":{"rendered":"Crypto Traders Push BTC Near $60K as 30% YTD Decline Keeps 2026 Bear Market in Focus \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">On June 26, bitcoin stabilized around $60,000, snapping a sharp two-day, $4,500 market slide.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Coingecko data reveals the 2026 bear market is bitcoin\u2019s fourth-longest but mildest since 2014.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Historical trends suggest bitcoin could reclaim its long-term bull trend by August 2026.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Choppy Trading Snaps a Two-Day Slide<\/h2>\n<p> <span>Bitcoin<\/span> oscillated between $58,500 and $60,500 on Friday, snapping a steep 48-hour decline that had shaved nearly $4,500 off its value. According to market data, the digital asset stabilized above $59,000 Thursday afternoon and briefly reclaimed $60,000 before a sudden<a href=\"https:\/\/news.bitcoin.com\/crypto-traders-push-altcoin-market-below-900b-twice-in-24-hours-as-panic-deepens\/\"> sell-off<\/a> triggered an intraday low of $58,326.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>Within two hours, <span>bitcoin<\/span> crossed $60,000 again, only to retreat just below the threshold. Following a brief period of consolidation, a sudden rally pushed the asset to an intraday high of nearly $60,600, though the gains vanished by 9:20 a.m. A similar pattern played out shortly after, with <span>bitcoin<\/span> making a run toward $60,500 before pulling back to approximately $60,000 at publication time.<\/p>\n<p>The modest jump pushed <span>bitcoin<\/span>\u2019s daily gains to 1.5%, lifting its market capitalization to $1.2 trillion and narrowing weekly losses from 7.7% earlier in the day to 4.7%. Nevertheless, the minor rebound did little to erase its <a href=\"https:\/\/news.bitcoin.com\/bitcoin-slides-nearly-20-in-june-as-715m-in-crypto-long-bets-collapse\/\">year-to-date losses<\/a>, which remained just over 30% at publication time. With only a few days left in June, <span>bitcoin<\/span> appears poised to wrap up the first half of 2026 with its value slashed by nearly one-third.<\/p>\n<p>A Coingecko evaluation, meanwhile, indicates that the structural downtrend initiated in late 2025 has extended into a historically prolonged <span>bear market<\/span> through mid-2026. As of June 24, <span>bitcoin<\/span> had sustained 233 consecutive days below its 200-day moving average, representing the fourth-longest <span>bear market<\/span>. This metric underlines a deep regime change in market <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-liquidity\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidity<\/a>, though it remains secondary to the historic 385-day capital flight that characterized the post- <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-token-sale\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">ICO<\/a> deleveraging cycle of 2018\u20132019.<\/p>\n<p>Yet, despite its duration, the 2026 downturn is also considered the \u201cmildest\u201d on record due to its relatively shallow drawdown. With <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> trading roughly 22% below its 200-day moving average, the Coingecko report notes that once a cycle bottom forms, reclaiming that key long-term average historically takes anywhere from 65 to 166 days.<\/p>\n<p>\u201cIf the June 7 low ultimately proves to be the bottom, history suggests August 2026 is the earliest window where <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin<\/a> could reclaim its long-term trend,\u201d the report notes.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-traders-push-btc-near-60k-as-30-ytd-decline-keeps-2026-bear-market-in-focus\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways On June 26, bitcoin stabilized around $60,000, snapping a sharp two-day, $4,500 market slide. Coingecko data reveals the 2026 bear market is bitcoin\u2019s fourth-longest but mildest since 2014. Historical trends suggest bitcoin could reclaim its long-term bull trend by August 2026. Choppy Trading Snaps a Two-Day [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":74603,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74602"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74602"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74603"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}