#BTC price analysis: Bulls remain on
back foot
Data from Cointelegraph Markets Pro and TradingView tracked another day of problematic BTC price action as BTC/USD hit $63,356 on Bitstamp.
Down 3.7% week-to-date and 5.75% in June overall, the pair struggled to find acceptance even at the $64,000 mark.
Analyzing the current market structure, popular trader Skew acknowledged that some buyer interest was returning at the lows, but sustained bidding would be needed to fuel a broader recovery.
➡️"A lot of shorting by looks of it & spot selling into price around the lows. Need to see buyers push for control to get a bounce."
