Bitcoin has just ended June with a rare bearish Marubozu candle on the monthly chart. The price dropped 20% to below $60k, with a red candle body that is nearly without wicks.
For 30 days, the bears completely dominated, with no significant recovery. This is far from the usual down months that always show two-way volatility.
Smart money is withdrawing. U.S. spot ETFs recorded a record net outflow of $4.5 billion—matching the chart signal.
The Marubozu candle on the monthly timeframe is not a sign of a bottom. It warns that the downtrend may continue, with the deep support zone of $48k-$55k being mentioned by analysts.
Don’t predict the bottom. Just a reminder: every cycle has two directions. Buying cheaper doesn’t necessarily mean you’ll win if the trend hasn’t changed.
DYOR and risk management.
#BTC #Bitcoin #PhanTich #ThiTruong
For 30 days, the bears completely dominated, with no significant recovery. This is far from the usual down months that always show two-way volatility.
Smart money is withdrawing. U.S. spot ETFs recorded a record net outflow of $4.5 billion—matching the chart signal.
The Marubozu candle on the monthly timeframe is not a sign of a bottom. It warns that the downtrend may continue, with the deep support zone of $48k-$55k being mentioned by analysts.
Don’t predict the bottom. Just a reminder: every cycle has two directions. Buying cheaper doesn’t necessarily mean you’ll win if the trend hasn’t changed.
DYOR and risk management.
#BTC #Bitcoin #PhanTich #ThiTruong