📉 Bitcoin's been on a bit of a downer lately, ending Q2 with a nearly 18% dip. But don't fret, crypto enthusiasts! 🚀 According to the Wyckoff pattern and decreasing Bitcoin exchange reserves, BTC might just be ready for a breakout!

Crypto analyst Onchain Edge suggests that we're in a reaccumulation phase, which could lead to an upward breakout. Meanwhile, Rekt Capital believes Bitcoin has potentially broken its month-long downtrend.

But hold your horses! 🐎 We might see some selling pressure from a German government-labeled wallet that recently moved a hefty amount of BTC. Plus, the Mt. Gox creditor repayments could also cause a sell-off.

What do you think, folks? Is Bitcoin ready for a breakout or will the selling pressure keep it down? Let's discuss in the comments! 👇