Bitcoin sank about 20% in June, slipping below $60,000 and posting its worst monthly performance since June 2022. The monthly candle now points to heavy bearish control, raising the risk of further losses.
Bitcoin is drawing fresh downside attention after a widely followed analyst said the chart is forming a bear flag. The setup could point to a move toward the mid-$50,000s if support fails, though pattern readings can prove wrong.
