Bitcoin is holding above $63,000 after rallying on Sunday. The price is now hovering near a key 200-week moving average that often marks major cycle turning points.

Bitcoin holds near $61,000 after hitting a $59.1K low, with RSI at 16 and 13 moving averages flashing caution.

Bitcoin trades at $61,822 per coin on June 7, 2026, with RSI at 24 and 13 of 15 moving averages signaling bearish signs.