Bitcoin is retesting a key demand area after a bearish break from a symmetrical triangle, leaving price action at a pivotal point. Traders cited in the report focus on $60,700–$58,900 as a potential rebound zone and $60,800 as a must-hold level, with $62,400, $61,800, 63,000 and $55,500 also highlighted as key markers.

SBI Shinsei Bank plans to start a pilot on June 10 that integrates blockchain-based options into its payments setup and lets customers exchange part of deposit interest for crypto rewards, including XRP. The model keeps yen deposit interest intact while allowing an optional conversion of about 20% of that interest into crypto vouchers redeemable at real-time rates. A broader rollout is expected by autumn 2026.

Bitcoin slid in a broader market selloff and is now hovering around the widely watched $60,000 support area. Analysts say a sustained hold could allow a corrective rebound toward $67,500 and then $74,000–$75,000, while a clean break may open risk toward $55,000–$50,000. They also highlight oversold RSI readings on the daily and 4-hour charts and watch for long lower-wick candles as a sign of demand.

Bitcoin moved below $72,000 after Michael Saylor-led Strategy disclosed its first Bitcoin sale in more than three and a half years. The transaction involved 32 BTC worth about $2.5 million, while the company still reports holdings of 843,706 BTC acquired at a total cost of $63,86 billion.

Bitcoin is testing several major technical levels, with $78,080 highlighted as a key threshold that bulls must reclaim to reduce downside risk. Analysts also point to $72,500 as an important monthly pivot, while $82,885 is framed as the main resistance that could reopen higher targets.

Bitcoin is trying to steady after a sharp pullback, with analysts split on whether the next move is a recovery leg or a bull trap. One view targets a rebound toward $79,000–$82,000 if the rising channel support holds, while a breakdown could shift focus to the $62,000 area; another outlook flags $75,000 as a key level tied to a potential short setup.

Glassnode analysis indicates that around 6.04 million BTC—nearly 30% of total supply—could be theoretically vulnerable if future quantum computing can defeat today’s cryptography. The exposure is tied to coins whose public keys are already visible on-chain, including about 4.12 million BTC linked to address reuse and older custody practices, plus more than 1.6 million BTC held by centralized exchanges in potentially exposed addresses.

Bitcoin briefly moved below a key high-timeframe support zone before rebounding, a shift some analysts interpret as a potential fake breakdown rather than a lasting bearish turn. The market still needs to reclaim the 1D Bull Market Support Band near $78,500 to reinforce a stronger bullish bias, while volatility and false signals remain a near-term risk.

Bitcoin is showing renewed weakness as sellers keep pressure on a key technical area, putting nearby support zones at risk. Analysts say a break below $74,929 could validate bearish reversal structures and potentially extend losses toward $71,000–$68,000, while upside attempts would need to reclaim $78,213 and later face resistance at $98,000 and $107,000–$109,000.