Bitcoin faces a short-term risk of breaching the $65,000 level, but a strong defense is anticipated near the psychologically crucial $60,000 mark, according to Cointelegraph's June 3 price predictions covering BTC, ETH, BNB, XRP, SOL, HYPE, DOGE, ZEC, ADA, and XLM.
According to Cointelegraph's price predictions report dated June 3, Bitcoin is at risk of a short-term decline that could push the price below the $65,000 threshold. As the largest cryptocurrency by market capitalization, Bitcoin's directional bias often sets the tone for the broader market.
The report highlights, however, that buyers are expected to mount a robust defense once the price approaches the $60,000 level. This figure is widely regarded as a critical psychological and technical juncture. A successful defense could form a local bottom, while a breakdown might trigger accelerated selling pressure.
The analysis covered ten major assets, including Ethereum, BNB, XRP, Solana, HYPE, Dogecoin, Zcash, Cardano, and Stellar, outlining key support and resistance levels for each.
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