Skip to content
Back to Guavy Wire
Crypto

Bitcoin Bottoming Process Begins Amid Macro Headwinds

Instruments
BTC
Share

According to Coinbase analysts led by Colin Basco, Bitcoin is transitioning from a corrective phase toward accumulation. The supply in loss metric for BTC has reached 50%, which is a level seen at previous market cycle bottoms.

In June 2026, Bitcoin printed a yearly low of $57.8K but has since recovered by nearly 10% to the current price of around $64K. However, it has failed to reclaim levels above $68K or $70K.

The macro backdrop remains hawkish, with concerns over Fed rate hikes and renewed US-Iran tensions posing bearish catalysts for Bitcoin in Q3 2026.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc