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via Cointelegraph · By Cointelegraph Staff

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

BTC

BTC/USDT

$79,630.90

-1.73%

$79,630.90

-1.73%

(24s)

24h Volume

$17,605,596,310.89

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0016%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,697.72

▲ 0.05%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$80,811.61

Price$79,697.72

Support 1$79,507.02

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.5

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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Cointelegraph Staff · Cointelegraph

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