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Bitcoin Potential Near-Term Bullish Reversal Emerging From The Sub-$70K Plunge

Source: SeekingAlpha

2026-06-03 09:25:00 ET

By Kelvin Wong

The plunge and its fundamental catalysts

On Monday and Tuesday (June 1-2, 2026), the cryptocurrency market absorbed a significant psychological blow. Spot BTC/USD tumbled sharply, slipping below the $70,000 psychological threshold and falling 16% over the past two weeks. It printed an intraday low of $65,370 on Wednesday, June 3, 2026....

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Bitcoin Potential Near-Term Bullish Reversal Emerging From The Sub-$70K Plunge
ProShares Bitcoin ETF

NASDAQ: BITO

BITO Trading

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$8.6565 Last:

172,082,803 Volume:

$8.60 Open:

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