Bitcoin’s Bear Market Relief Bounce Runs Out of Steam as Distribution Persists

Bitcoin is currently trading at 63,802.1 as of June 8th, 2026, representing a -12.16% decline from the 72,635 level we analyzed just one week ago on June 1st. The weekly low of 72,460 broke decisively on June 2-3, triggering the cascade we forecasted — a painful reminder that our June 1 entry zones at 73,200-73,500 were never triggered as price gapped through them. This is the fourth consecutive session where our directional call has been validated, even if our preferred entry zones were missed. #Bitcoin #BTCUSDT #CryptoAnalysis #BearishTrend #TradingSignals #ReliefBounce









