Bitcoin (BTC) traded near $63,500 on Tuesday, June 9, 2026, holding a fragile rebound after the world's largest cryptocurrency briefly fell below $60,000 over the weekend to its lowest level since October 2024. The recovery interrupted a multi-day slide that erased much of the ground gained from May's highs and left Bitcoin roughly 50% below its October 2025 record near $126,000. Friday and Saturday sessions closed with long lower wicks, and Sunday delivered a bounce of more than 4%. Monday then slipped about 0.3%, leaving Bitcoin to digest the move into the new week. In this article, I will show why, according to my ... (full story)