Bitcoin falls after Iran halts indirect US talks; 0.5 Fib at $71,382 in focus

On June 1, 2026, Bitcoin slid to $71,738, down 2.34% on the day, after Iran said it would suspend indirect talks and message exchanges with the US and Strategy disclosed a 32 BTC sale. Traders are watching the $71,382 0.5 Fibonacci level as near-term support, with RSI at 31.05 nearing oversold conditions and $68,694 flagged as the next downside level if support breaks.