📉 Bitcoin's been a bit of a downer in June, ending Q2 with a nearly 18% drop. But don't pack up your digital wallets just yet! Crypto analysts are seeing signs of a potential breakout. 🚀

How so? Well, it's all about the Wyckoff pattern, a classic technical analysis setup. According to Onchain Edge, a contributor at CryptoQuant, Bitcoin's decreasing exchange reserves suggest we're in the reaccumulation phase, a prelude to a potential markup phase (aka price increase).

Meanwhile, Rekt Capital suggests Bitcoin's June downtrend might be over, hinting at a bull flag formation on the daily chart. If that's true, we could see Bitcoin charging towards the $90,000 mark in the coming months.

But hold your horses! There could be a few bumps on the road. A German government-labeled wallet recently moved a hefty amount of Bitcoin, which could mean more selling pressure. Plus, the Mt. Gox creditor repayments expected in early July could see many investors cashing out after a decade of untouched profits.

So, keep your eyes peeled, crypto enthusiasts! The Bitcoin rollercoaster ride is far from over. 🎢