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.