Bitcoin just went through one of its roughest stretches in years. After starting 2026 above $93,000, BTC bled through the first half of the year and dropped roughly 20% in June alone, sliding to around $58,000 on July 1 — its lowest level in more than 21 months. It even closed a full week below its 200-week moving average for the first time in about four years, a line that has historically only broken during deep bear phases.

So why is anyone talking about altcoins right now? Because the market has since steadied, with $BTC clawing back toward the $60,000–$62,000 zone, and because July has historically been one of Bitcoin’s stronger months — green in 9 of the last 13 years with an average return north of 7%. If that seasonal…