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via Bitcoin Magazine · By Bitcoin Magazine Editorial

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

BTC

BTC/USDT

$63,108.61
+0.52%
24h Volume

$10,911,413,588.57

24h H/L

$63,999.00 / $62,436.59

Change: $1,562.41 (2.50%)

Long/Short
61.9%
Long: 61.9%Short: 38.1%
Funding Rate

+0.0028%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,184.57

-0.73%

Volume (24h): -

Resistance Levels
Resistance 3$67,369.22
Resistance 2$65,639.22
Resistance 1$63,684.33
Price$63,184.57
Support 1$62,908.46
Support 2$61,091.75
Support 3$57,800.19
Pivot (PP):$63,413.53
Trend:Downtrend
RSI (14):49.9
BM
Bitcoin Magazine Editorial
(06:24 PM UTC)
1 min read
SC
Updated bySarah Chen
612 views
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.…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Bitcoin Magazine Editorial · Bitcoin Magazine

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