Bitcoin fell 20.5% in June to $58,526 📉
The drop is here — so where do traders go from here?
In June, Bitcoin lost 20.5%, closing at $58,526. Even more worrying, the monthly candle closed below the 200-week MA, a level many traders watch closely. That kind of move shook confidence across the market.
Some people joke that the universe is trying to stop Michael Saylor — but the truth is simpler: the market is ruthless, and stability is nowhere to be found right now.
Adding to the pressure, PlanB believes Bitcoin could still retest the $52,000 zone. So the big question is:
Will
$BTC recover what it lost, or is more pain still ahead?
What should traders do?
Buckle up and keep your stop-loss tight.
Avoid catching a falling knife unless your setup is clear.
Sometimes the best trade is no trade at all.
$BTC #BearishAlert #TradingSignals