In June, the cryptocurrency market faced difficulties, and Bitcoin's performance was poor.

On June 3rd, Bitcoin continued its decline with an expanded drop, briefly falling below $66,000, with a low of $65,700.39, hitting a new low since February 2026.
As of 7 p.m. that day, its price was $67,176.9, down 3.4% in 24 hours, down 11.38% over 7 days, and down over 23% year-to-date.
The current Bitcoin market faces many unfavorable factors.
On the macro level, U.S. inflation data has rebounded, market expectations for Federal Reserve rate cuts have been delayed, global liquidity has contracted, and cryptocurrency funds have significantly flowed out.
Institutionally, U.S. spot Bitcoin ETF funds experienced severe outflows in May, with approximately $3.45 billion flowing out over 11 consecutive trading days in late May;
the world's largest Bitcoin holding company, Strategy, sold about $2.5 million worth of Bitcoin on June 1st, triggering selling pressure.
Technical indicators show a pessimistic trend, with MACD, RSI, and CCI in weak or bearish zones, and short- and medium-term moving averages signaling a "strong sell."
Some traders believe there is a 52.6% chance that Bitcoin will drop to $55,000 before rebounding to $84,000.
Market forecasts indicate only a 5% chance that Bitcoin will reach $150k by the end of June, and a 35%–43% chance it will reach $100k before January 2027.
Key levels to watch: resistance at $71,305, $76,000, and $84,000; support at $64,000, $60k, and $55,000.
If U.S. Bitcoin spot ETF fund outflows continue, the price may fall below $60,000;
if it rebounds above $80k, it will challenge the bearish outlook.