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#BTC Monthly Close

Bitcoin has posted its lowest monthly candle close since January 2024.

This reinforces the ongoing bear market pressure on higher timeframes.
Another dose of hopium for Bitcoin bulls

Historically, Bitcoin has never closed both June and July in the red. If June finishes negative, July has always delivered at least some relief.

Does that guarantee a rally this month?
Maybe.

The same pattern appeared in 2022, when BTC bounced in July—only to resume its decline and eventually print a lower low before the bear market finally ended.