Analyst: Bitcoin May Set New Summer Highs if $73,000 Support Holds

Bitcoin is hovering just above the $73,000 area, which analyst Michaël van de Poppe said on June 1 could act as the make-or-break support for a summer breakout. He argued that holding $73,000 could fuel roughly two strong weeks of upside, while losing it may raise the risk of a deeper pullback toward $61,000. BTC was also described as ranging near $74,200 resistance and about $72,700 support, as spot Bitcoin ETFs have faced notable outflows since mid-May.