Bitcoin's recovery may gain momentum in July, following a pattern of sharp rebounds after a negative June closing, according to CoinGlass data. However, the rally could face challenges due to the Mt. Gox repayments starting in July, potentially leading to selling pressure. Meanwhile, the S&P 500 Index made a new lifetime high on June 28, but profit booking by short-term traders could not sustain the higher levels. The U.S. Dollar Index (DXY) was pushed above the 105.74 resistance on June 26, but was pulled back below the breakout level on July 1. Other cryptocurrencies including Ether, BNB, Solana, XRP, Toncoin, Dogecoin, and Cardano are also showing signs of potential rallies.