Bitcoin Price Holds Near $63,000 As Analysts Say Its Store-of-Value Thesis Remains Intact

BTC

BTC/USDT

$63,080.33

-0.07%

$63,080.33

-0.07%

(24s)

24h Volume

$2,491,697,787.73

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,133.03

▲ 0.07%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,397.36

Resistance 1$63,626.50

Price$63,133.03

Support 1$62,999.35

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.6

Bitcoin Magazine Editorial

(06:24 PM UTC)

1 min read

Updated bySarah Chen

0 comments

Bitcoin traded around $63,000 on Monday, clawing back from a two-month low hit on June 5 as a confluence of headwinds — spot ETF outflows, macro uncertainty, and capital rotation into artificial intelligence stocks — pushed the world’s largest cryptocurrency roughly 50% below its all-time high of $126,279 reached in October 2025.

The decline has triggered familiar scenes of capitulation.…