Based solely on the provided article, ChatGPT predicts the Bitcoin price could remain at the support level of $59,400 before the end of July. If buyers defend this level, the price could push towards the $62,000 resistance level. Alternatively, if the price breaches below $59,400, it could slide towards $58,000, with the next support at $55,000 by the end of July. The analysis follows a drop of 57.5% from a record high of almost $130,000 reached during late 2025, with Bitcoin falling to just over $59,500. Key factors cited include institutional adoption, such as BlackRock’s BITA covered call Bitcoin ETF aiming at yields from 15% to 25%, and negative ETF data: U.S. spot Bitcoin ETFs recorded $1.79 billion in net outflows during the trading week of June 22–26, marking the third-largest weekly outflow on record and extending the institutional selling streak to seven consecutive weeks. BlackRock’s IBIT led with roughly $1.30 billion in redemptions, accounting for nearly 73% of the week’s total bleeding.