Bitcoin price requires high demand-side pressure to push the BTC out of an extended correction.
Bitcoin’s (BTC) price continued its correction on June 18, dropping 1.41% and 6.5% over the last 24 hours and seven days, respectively.
Data from Cointelegraph Markets Pro and TradingView shows that Bitcoin (BTC) dropped to a one-month low of $64,237 after losing the key support provided by the psychological $65,000 level.
Similarly, the total market capitalization has dropped by 2% over the last 24 hours to rest at $2.33 trillion at the time of publication. The 60% leap in the total trading volume is testimony to the sell-side intensity in the crypto market.
