Event Dime
Will Bitcoin Price Fall Below $50K? BTC Drops to 4-Month Low Near $61,300 in a 13% Three-Day Slide
Music & Concerts
- When:
- June 4, 2026 ยท 7:47 AM
- Where:
- Finance Magnates Awards 2026
- Source:
- Finance Magnates Awards 2026
Bitcoin ( BTC ) traded near $61,300 on Thursday, June 4, 2026, its lowest level since February 6, after a three-session decline of about 13% pushed the cryptocurrency to the floor of its 2026 consolidation. My Bitcoin technical analysis reads the move as a test of long-standing support rather than a fresh trend, because a sharp intraday reversal lifted price back toward $64,000, close to the session open. The selloff coincides with record spot-ETF outflows, a rare Strategy disposal, and a rotati