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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$63,366.38

+0.70%

$63,366.38

+0.70%

(24s)

24h Volume

$12,330,162,252.46

24h H/L

$63,777.00 / $62,316.44

Change: $1,460.56 (2.34%)

Long/Short

65.6%

Long: 65.6%Short: 34.4%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,340.58

▼ -0.32%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$65,439.37

Resistance 1$64,008.40

Price$63,340.58

Support 1$62,830.47

Support 2$61,056.47

Support 3$59,130.91

Pivot (PP):$63,484.53

Trend:Downtrend

RSI (14):36.9

Cointelegraph Staff

(11:40 AM UTC)

1 min read

Verified byEmily Watson

676 views

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…

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

Cointelegraph Staff · Cointelegraph

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