📉 Bitcoin's bearish signals are raising eyebrows as it hovers around $57,000. With its 200-day moving average breached and RSI dropping, the crypto market is on high alert. The upcoming Mt. Gox repayments in July, releasing $8.5 billion worth of Bitcoin, could add to the volatility. 🌩️

Historically, Bitcoin tends to stay below the 200-day MA during summer and autumn. Analysts predict a potential drop to a support range between $50,856 and $51,985.

Despite interest from big financial players, Bitcoin ETF inflows are declining, indicating increasing bearish sentiment.

Will Bitcoin weather the storm or tumble to new lows? Share your thoughts below! 👇💬