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Bitcoin June drop nears 19 percent as July rebound hopes face risk of further lows

Bitcoin is threatening the $60,000 support level ahead of the end of June and the second quarter of 2026. The market is watching signs such as bullish RSI divergence and possible double-bottom patterns, but price action remains weak. CoinGlass data show bitcoin is down nearly 19 percent in June, its biggest monthly fall this year. U.S. data releases and stock market moves could add volatility. Analysts also warn new lows are still possible.