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Technical Analysis

Technical Analysis

Monthly Marubozu Candle Signals Deeper Losses After Bitcoin's June Decline

Bitcoin dropped 20% in June to below $60,000, its steepest monthly loss since June 2022. The month's candlestick formed a rare 'Marubozu' pattern on the monthly chart, signaling uninterrupted bear dominance and raising the prospect of further losses toward the $48,000–$55,000 range.

July 1, 2026

Monthly Marubozu Candle Signals Deeper Losses After Bitcoin's June Decline