TechFlow, June 3 — According to Cointelegraph, multiple trading analysts have warned of a "larger correction" in early June for BTC after failing to break through the $106,000 resistance level. $100,000 is seen as a key psychological support level, with market data showing a concentration of buy orders at and below this level. If this support is lost, some analysts predict the price could fall further toward $90,000. The market expects Bitcoin to consolidate sideways in the short term, awaiting additional data and the Federal Reserve's FOMC decision on June 18.
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