Bitcoin price must end June above $56.5K to defend uptrend — Analysis

A deluge of potential BTC price volatility triggers is due this week, and Bitcoin market participants are eyeing the most crucial support zone to hold.

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Bitcoin (BTC) risks losing its overall uptrend if it ends June below $56,500, a new BTC price warning says.

In market coverage on X (formerly Twitter) on June 26, trading resource Material Indicators highlighted a key line in the sand for Bitcoin bulls.

BTC/USD hit its lowest levels since the start of May this week — and those old lows are now firmly in focus within trading circles.

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