On June 1, 2023, the first cryptocurrency rapidly lost ground, crashing from $108,000 to $103,500. Analysts expect a "big move" in the near future. Hourly chart of BTC/USDT on Binance exchange. Data: TradingView.
On the hourly chart, the coin recorded 13 consecutive red candles. At the moment, Bitcoin is trading around $103,900, having lost 3.8% in a day.