Following my previous two BTC Weekly updates
June 3-2026 and June 8-2026
So currently we are at Potential End of Bearish Cycle and this suggests the early sign of a new accumulation phase, if current candle close in the approximate range as of now. However, confirmation is still pending.
For next week, I expect an upward rally followed by a reversal to retest the 59K–62K zone, If the market holds above this range with low volume and no panic selling, the trend shift will be confirmed. Otherwise, the downside risk remains, and a deeper continuation of the bearish cycle cannot be ruled out.
NFA. DYOR.
#BTC #Binance #BinanceSquareFamily #SPCXXxIPOCampaignOnBinanceWallet
$BTC
June 3-2026 and June 8-2026
So currently we are at Potential End of Bearish Cycle and this suggests the early sign of a new accumulation phase, if current candle close in the approximate range as of now. However, confirmation is still pending.
For next week, I expect an upward rally followed by a reversal to retest the 59K–62K zone, If the market holds above this range with low volume and no panic selling, the trend shift will be confirmed. Otherwise, the downside risk remains, and a deeper continuation of the bearish cycle cannot be ruled out.
NFA. DYOR.
#BTC #Binance #BinanceSquareFamily #SPCXXxIPOCampaignOnBinanceWallet
$BTC