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Bitcoin Makes History With Highest Monthly Close, But Volume Is Still Bearish

  • Bitcoin has achieved its highest monthly close ever in June, marking a historical milestone for the cryptocurrency.
  • The record-high monthly close above $106,000 signals a bullish confirmation for the Bitcoin price, with potential for further upward movement.
  • Low buy-side volume remains a concern, causing Bitcoin to trade sideways and risking a potential price crash if volume doesn't increase.
  • Despite the positive price indicators, declining trading volume towards the end of June reflects investor caution as the price rises, highlighting the need for increased volume for bullish momentum.

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