Bitcoin plums new six-week lows as analyst eyes BTC price dip 'end' at $72K
60-second summary
Bitcoin is currently trading at new six-week lows, having fallen to its lowest levels since mid-April, with its price action diverging from the thriving US stock markets. Analysts expect the price dip to end at around $72,000, but for now, the cryptocurrency remains under pressure, weighing on investor sentiment and market confidence.
Bitcoin saw its lowest levels since the middle of April as BTC price action continued ot diverge from thriving US stock markets.