HomeUncategorizedBitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’ By Cointelegraph

Bitcoin wicks down to $26.5K, but trader eyes chance for ‘bullish surprise’ By Cointelegraph

June 3, 2023

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© Reuters.

(BTC) bounced near multiple support trend lines into June 2 as market indecision remained in force.

1-hour candle chart on Bitstamp. Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $26,519 on Bitstamp after the daily close.

annotated chart. Source: Crypto Tony/ Twitter
Bitcoin vs. macro assets comparison. Source: Tedtalksmacro/ Twitter