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$BTC As expected, May closed red.
This was the 6th red monthly candle since the beginning of the current bear market.
For comparison, the 2022 bear market printed a total of 9 red monthly candles before BTC eventually found its bottom.
If this pattern repeats, it would suggest that the market could still have 3 bearish months ahead of it.
Of course, history never repeats perfectly, but it often rhymes.
From that perspective, there is still room for further downside and a sweep of the remaining lows remains firmly in play.