Bitcoin RSI Drops to 16 as BTC Holds $59,100 Low and Ranges Near $61,000

On June 6, 2026 at 8 a.m. EDT, bitcoin rebounded from a weekend dip to $59,100 and briefly pushed above $61,600 before slipping into a tighter range. Over the last hour, BTC traded around $60,800–$61,000 on Bitstamp as volume thinned and traders waited for a clearer directional break.