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$60.4K Becomes 'most important area:' Five things to know in Bitcoin this week

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 503 Views

$60.4K Becomes 'most important area': Five things to know in Bitcoin this week

Bitcoin saw its highest levels in nearly two weeks at the weekly close, but bulls needed a push beyond $65,000 for real trend inflection, said the latest BTC price analysis.

Bitcoin (BTC) starts the second week of June near two-week highs with traders keen to see bullish continuation.

Key points:

Bitcoin kept up pressure on short positions into the weekly close, hitting $63,960 — its highest levels since June 23, per data from TradingView.

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