Woofun AI data shows that Bitcoin recorded its sharpest monthly decline in three years during June, falling approximately 20% to form a bearish Marubozu candle. This technical pattern, characterized by negligible wicks, indicates sustained seller dominance from the month's open to close, marking the worst performance since the Terra ecosystem collapse in June 2022.

Analysts project potential support between $48,000 and $55,000, representing a further 10% to 20% decline, based on historical zones and on-chain metrics.

However, worsening macroeconomic conditions or regulatory uncertainty could push BTC below $48,000, with some scenarios targeting the $40,000 to $45,000 range.