[Analyst: Bitcoin Records Worst Performance Since 2022 in June, Price May Decline Further] According to Cointelegraph, Bitcoin fell 20.5% in June to $58,526, marking its worst monthly performance since June 2022. It closed below the 200-week moving average of $62,000 but remained above the realized price of $52,000. Stock-to-Flow model creator PlanB stated that all previous bear market bottoms were below the realized price, suggesting Bitcoin could drop to $52,000. He believes that while Bitcoin's price is undervalued, it may still continue to decline.