Market Analysis of Bitcoin on Monday 08 June 2026

2026-06-08 02:55Source:BtcDana

Bitcoin / Dollar intraday: the upside prevails as long as 62600 is support
 
Our pivot point stands at 62600.
 
Our preference:
The upside prevails as long as 62600 is support.
 
Alternative scenario:
Below 62600, expect 61870 and 61430.
 
Comment:
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 62141 and 61966).

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