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The Nexus
BUSINESSJul 2 · 03:42 UTCCOINTELEGRAPHCointelegraph by Martin Young

Analyst warns BTC could drop further after worst June since 2022

An analyst warned that Bitcoin (BTC) could experience further price declines after June's worst performance since 2022. The June close above realized price but below the 200-week moving average suggests the bear market's bottom is still ahead, according to historical cycles.

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BTCtopicAnalystperson200-week moving averagetopicRealized Pricetopicbear bottomtopicJunetopic2022topic
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