Bitcoin closed June a little above $62,000, currently in a boring trading range between $60,000 and $70,000. Bitcoin's price after a halving always lags the model value, it takes 12-18 months before the price gets to the Stock-to-Flow model predictions. We are still in a bull market based on on-chain data. RSI dropped a little but is stable between 60 and 70, currently at 65. The 200-week moving average is at $37,000 and rising. The realized price is at $31,000, and the five-month realized price is at $65,000, serving as a support line in bull markets. Sellers got a 13% return in June. 90% of holders are in profit.