🐻 Bears, beware! Bitcoin (BTC) is refusing to sink below the $56,552 to $73,777 range, sparking a recovery. Bulls are forming a higher low at $58,402. Could we see a Bitcoin rally in July? 🚀 CoinGlass data suggests so, but Mt. Gox repayments might create selling pressure.

Meanwhile, Ether (ETH) is eyeing a relief rally, BNB is resisting bearish pull, and Dogecoin (DOGE) is holding strong at $0.12 support.

In other news, the S&P 500 Index (SPX) and the U.S. Dollar Index (DXY) are showing bullish signs.

What do you think? Will Bitcoin lead an altcoin rally or will Mt. Gox repayments drag the markets down? Let's discuss in the comments! 👇 Remember, always do your own research before investing.