Bitcoin June Close Below 200 Week MA Above Realized Price

Bitcoin June Close Below 200 Week MA Above Realized Price

Bitcoin ended June below the 200-week moving average yet above realized price as PlanB and other analysts eyed further downside before a cycle bottom later in 2026.

Analyst Flags Risk of Further BTC Declines After Worst June Since 2022

Bitcoin ended June at $58,526, sliding 20.5% over the month and recording its weakest monthly performance since June 2022. The retreat left the flagship cryptocurrency trading below its 200-week moving average near $62,000, but still above a key on-chain valuation metric known as realized price (around $52,000), a configuration that some analysts interpret as a warning that the market may not have reached a full bear-market bottom. Crypto analys…

Analyst warns BTC could drop further after worst June since 2022

The June close above realized price but below the 200-week moving average “signals the bear bottom is still ahead per prior cycles,” one analyst said.