- Bitcoin ended Q1 2026 down 20.73%, weakening the typical bullish setup that often drives strong Q2 rallies.
- BTC has traded in a $62.8K-$72.6K range for over a month, with repeated failures to reclaim the $70K level.
- On-chain data shows weak momentum, with STH-SOPR at 0.985 since October 2025.
Bitcoin historically performs well in the second quarter, but the current market behavior shows little confirmation that a strong rebound is underway.
Data from CoinGlass shows that Bitcoin’s average Q2 return sits around +27.11%, making it one of the strongest periods in the yearly cycle. However, Q1 2026 closed down 20.73%, one of the weakest starts to a year since the 2022 bear market.
Source: Coinglass
Strong Q2 rallies typically begin with early momentum but in 2026, that demand is not present. Price reacted only modestly from monthly support and has failed to…
Read The Full Article Bitcoin Price Analysis: Q2 Bounce May Be a Bull Trap On Coin Edition.
Source: https://coinedition.com/bitcoin-price-analysis-q2-bounce-may-be-a-bull-trap/
