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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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From cointelegraph.com | Jun 4, 2026
Bitcoin (BTC) has tagged a key bear-market trend line with its drop to four-month lows, with a “decent chance” of a rebound next. Data from TradingView shows that for the first time since 2023, BTC/USD is back at its 200-week simple moving average (SMA). The 200-week SMA is a key yardstick during Bitcoin bear markets. The trend line, which has only ever ...
From financefeeds.com | Jun 4, 2026
Bitcoin has fallen more than 16% over the past month while the S&P 500 has gained about 5%, creating one of the clearest recent divergences between crypto and U.S. equities. The move has challenged the view that Bitcoin should reliably trade as a high-beta extension of the technology-led risk rally, especially during periods when major stock indexes are ...
From cointelegraph.com | Jun 4, 2026
Bitcoin (BTC) returned below $64,000 after Thursday’s Wall Street open as bulls nursed 13.5% weekly losses. Data from TradingView showed BTC price strength barely recovering after a slide to its lowest levels since early February. chart BTC/USD revisited its 200-week simple moving average (SMA) trend line at the lows, continuing to copy “classic” ...
