The actual lowest point in 2026 was $58,379 on June 30, a pullback of about 53% from the $126,000 high—lower than 2018’s 84% and 2022’s 77%.
Grayscale’s Zach Pandl also reached similar conclusions, believing the price likely bottomed by late June.
However, one variable to watch: in June, U.S. spot Bitcoin ETFs recorded monthly net outflows of about $4.06 billion, the largest since the products launched. If fund flows turn back to sustained inflows, the signal confirming the bottom would be stronger.
Grayscale’s Zach Pandl also reached similar conclusions, believing the price likely bottomed by late June.
However, one variable to watch: in June, U.S. spot Bitcoin ETFs recorded monthly net outflows of about $4.06 billion, the largest since the products launched. If fund flows turn back to sustained inflows, the signal confirming the bottom would be stronger.
