June 5, 2025

Bitcoin Is Weak: BTC Recovery Will Be Delayed, Here’s Why

1 min read

Bitcoin is weak at spot rates, contracting from July 2024 peaks to below $66,000. As bears press on, targeting the round number at $60,000, bulls are optimistic, expecting a rebound in the coming sessions. Technically, the zone between $66,000 and $70,000 is a crucial zone that buyers must decisively break for the uptrend to develop.

Bitcoinist logo

Source: Bitcoinist

Leave a Reply

Your email address will not be published. Required fields are marked *

You may have missed