At the time of writing, Bitcoin is trading near $60,000 after shedding more than 17% over the past week. During this period, BTC has struggled under mounting selling pressure, weakening market sentiment, and broader geopolitical uncertainty tied to the ongoing US-Iran conflict. Aralez believes this downturn may not be over, forecasting that Bitcoin could finish June with a major bearish sweep toward the $60,000 level.<\/p>\n
Supporting his bearish stance with a well-detailed chart, the analyst expects an even steeper decline for Bitcoin in July. He predicts that BTC could fall to as low as $53,000, marking a drop of more than 11% from the $60,000 support area. <\/p>\n
Aralez described the projected move as a major bear trap<\/a>, where traders are lured into expecting a prolonged breakdown before the market eventually reverses to the upside.<\/p>\n Drawing from this, the crypto expert sees the possibility of a short-lived relief rally by August. He predicted that Bitcoin could rebound into the $65,000-$68,000 range, though that move may end up becoming a significant bull trap<\/a>, as the analyst\u2019s outlook for next month points to another sharp decline.<\/p>\n Notably, Aralez’s October forecast appears to mark the end of Bitcoin’s bearish cycle. The analyst projects a final market bottom<\/a> near $46,000, a level representing a decline of more than 23% from Bitcoin’s current price of near $60,000<\/a>. According to his projection, this capitulation event could set the stage for a broader market recovery later in the year.<\/p>\n![\"\"](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/06\/a_d6494b.png?resize=1024%2C441\")
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BTC Recovery Plan Targets $100,000 By December\u00a0<\/b><\/h2>\n