Bitcoin Price Looks Poised for Pullback But June Could Revive Rally – CoinDesk
Bitcoin fell $1,100 on Thursday, creating a bearish candle on the daily chart and confirming a bearish divergence of a key indicator. Prices risk falling to the 30-day moving average (MA), currently at $7,342, in the next few days. The pullback could be short-lived, as BTC tends to perform well in June, and the long-term bull case is still intact.