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Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup

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1-day Bitcoin chart on June 7, 2026, at 8:35 a.m. EDTBitcoin ( BTC) is trading at $61,822 on June 7, 2026, at 8:35 a.m. EDT, caught between a deeply oversold momentum reading on shorter timeframes and relentless selling pressure from moving averages across the daily chart. The technical picture this weekend is mixed but carries a clear bearish lean, with the $63,000 level standing as […]
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