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Bitcoin touches $30K as ex-BitMEX CEO hopes $25K marks BTC price ‘local bottom’ -Breaking

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Bitcoin touches $30K as ex-BitMEX CEO hopes $25K marks BTC value ‘native backside’

(BTC) recovered to $30,000 previous to the June 2 Wall Road open as ft remained chilly throughout crypto markets.

1-hour candle chart (Bitstamp). Supply: TradingView

Information from Cointelegraph Markets Professional and TradingView confirmed BTC/USD climbing to native highs of $30,182 on Bitstamp after wicking down to close $29,300 in a single day.

BTC/USD drawdown from all-time highs annotated chart. Supply: Arthur Hayes/ Entrepreneur’s Handbook