Bitcoin: Attacks Lows on Final Day of June

Bitcoin attacks the lows and shows no sign of easing pressure on the final day of June, according to @CryptoMichNL.

Price sits at $58,459.36, testing the lower Bollinger Band support at $58,596.6 while the EMA50 at $60,732.76 and EMA200 at $65,690.59 act as firm overhead resistance in a clear bearish structure. The MACD death cross at -500.03 reinforces downside momentum even as RSI at 33.74 remains neutral, leaving room for a liquidity sweep below $58,000 toward $52,000 before any reversal. End-of-month positioning often triggers sharp moves, and the current confluence of lower-band exhaustion with the 50-EMA resistance suggests a quick bounce remains possible only if buyers defend the sweep.