Episode Details

Bitcoin plummeted 20% last month, crashing below $60K — its worst performance since June 2022. The June chart revealed a brutal Marubozu candle, a rare signal of unrelenting selling with no buyer resistance. With no wicks and a straight downward path, it confirmed bearish dominance. Analysts now predict further drops, possibly to $48K–$55K. Bulls face a steep climb, as the market’s lack of volatility and weak buying pressure make recovery look unlikely without a major shift in sentiment. Bitcoin currently trades at $58,600, still weighed down by relentless selling.

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