Bitcoin's price has been in a downward spiral throughout June, ending the second quarter nearly 18% down. However, technical chart patterns suggest a potential breakout. Based on the Wyckoff pattern and decreasing Bitcoin exchange reserves, crypto analyst Onchain Edge predicts a possible end to the current price consolidation. Meanwhile, popular crypto analyst Rekt Capital suggests that Bitcoin has potentially broken its month-long downtrend. However, traders should be wary of potential selling pressure from a German government-labeled wallet that moved nearly 6,500 BTC recently. Additionally, the Mt. Gox creditor repayments expected in early July could also exert selling pressure.