Bitcoin Price Predictions and Market Trends for Mid-July

Bitcoin's price has risen by 1.70% in the last day and 4.48% over the past week, currently trading at $59,729. Despite the recent increase, bulls are struggling to maintain momentum, and a test of the $59,000 zone is expected. If the daily bar closes below $60,000, a correction to the $58,000-$58,500 area is likely next week, with consolidation in the $58,000-$60,000 range being the most probable scenario.