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via Cointelegraph · By Cointelegraph Staff

Bitcoin Traders see No Bear-Market Bottom Until at Least Q3

BTC

BTC/USDT

$63,058.49

+0.00%

$63,058.49

+0.00%

(24s)

24h Volume

$2,455,007,326.05

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,057.37

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,303.26

Resistance 1$63,626.50

Price$63,057.37

Support 1$62,999.35

Support 2$61,868.90

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.0

Cointelegraph Staff

(11:40 AM UTC)

1 min read

Verified byEmily Watson

0 comments

Bitcoin (BTC) starts the second week of June with damage control — and new macro lows are still expected this year.

Traders see a relief bounce coming next for BTC price action, but the bottom, they agree, is not in.
US inflation data will test markets’ resolve as the US-Iran war drags on.
Peace-deal pledges by US President Donald Trump do little to stabilize the risk-asset picture.
Multiple…

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Source

Cointelegraph Staff · Cointelegraph

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