📉 Bitcoin (BTC) is on a rollercoaster ride, barely holding onto the $60,000 support level as June ends. The ride might get bumpier with bearish indicators predicting increased selling pressure in July. One major event causing a stir is the Mt. Gox repayments, unlocking around $9B in Bitcoin. The long-awaited repayments have sparked concerns about increased selling pressure, with analysts predicting a significant drop in Bitcoin prices. On-chain indicators also suggest that many Bitcoin investors may be cashing in their profits, anticipating a market peak. However, all's not lost! A bullish reversal could see BTC's price soaring to around $64,770. So, buckle up, folks! It's going to be an interesting ride! 🎢