Following a significant market sell-off in early July, Bitcoin experienced a 10% price drop but has since shown some recovery. Despite underperforming compared to the S&P 500, analysts from Santiment indicate a potential bullish catch-up. Factors such as the German Government's sell-off and Mt. Gox debt repayments have influenced recent price dips. Bitcoin's current price stands at $58,170, with potential future gains projected.