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Will Bitcoin Price Fall Below $50K? BTC Drops to 4-Month Low Near $61,300 in a 13% Three-Day Slide
Bitcoin (BTC) traded near $61,300 on Thursday, June 4, 2026, its lowest level since February 6, after a three-session decline of about 13% pushed the cryptocurrency to the floor of its 2026 consolidation. My Bitcoin technical analysis reads the move as a test of long-standing support rather than a fresh trend, because a sharp intraday reversal lifted price back toward $64,000, close to the session open. The selloff coincides with record spot-ETF outflows, a rare Strategy disposal, and a rotation out of crypto into AI equities. The June 6 US jobs report and continued ETF flows are the immediate catalysts into the ... (full story)
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