Bitcoin Short Term: under pressure

Jun 8, 2026 6:33 AM

short positions below 73200 with targets at 59350 & 52330 in extension.

Pivot: 73200
Our preference:
short positions below 73200 with targets at 59350 & 52330 in extension.
Alternative scenario:
above 73200 look for further upside with 78275 & 83880 as targets.
Comment:
a break below 59350 would trigger a drop towards 52330.
Supports and resistances:
83880
78275
73200
63022 Last
59350
52330
47975

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