{"id":40592,"date":"2026-06-08T08:05:12","date_gmt":"2026-06-08T08:05:12","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=40592"},"modified":"2026-06-08T08:05:13","modified_gmt":"2026-06-08T08:05:13","slug":"bitcoin-technical-analysis-report-8th-june-2026","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/bitcoin-technical-analysis-report-8th-june-2026","title":{"rendered":"Bitcoin Technical Analysis Report – 8th June 2026"},"content":{"rendered":"\n

Bitcoin (BTC)<\/strong><\/a> showed resilience over the weekend, holding above the key $60,000 psychological level and rebounding 6.5% from a local low of $59,100 to an intraday high of nearly $62,950 on Sunday. The recovery came despite broader market weakness, with the tech-heavy Nasdaq Composite posting its sharpest single-day decline since April 2025 on Friday, falling more than 4%. The divergence has sparked optimism that capital could begin flowing back into crypto markets. Friday\u2019s sharp sell-off saw BTC briefly tumble to $61,100, triggering roughly $335 million in long liquidations. However, with Bitcoin already down more than 20% from its recent highs and market sentiment turning increasingly bearish, the swift rebound suggests buyers may have stepped in aggressively, catching overleveraged bears off guard and helping fuel the recovery.<\/p>\n\n\n\n

Also Read: Top 10 dApp Tokens of June 2026<\/a><\/strong><\/p>\n\n\n\n

At the time of writing, BTC was trading at $63,094.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

BTC had been trading in a range between $65,000 and $75,000. The asset broke out above the range on low volumes and rallied to as high as $82,850. However, the bulls failed to maintain control as the price faced resistance at the 200 EMA on the daily timeframe, leading to a sharp decline. BTC plunged nearly 28%, hitting a recent low of $59,130. The asset, however, managed to secure a weekly close above the key $60,000 support level. If it sustains above this support, a relief rally could be expected. On the other hand, if BTC breaks and closes below the $60,000 level, the price may decline further and test the $52,000 region.<\/p>\n\n\n\n

Also Read: Weekly Crypto Report – 4th June 2026<\/a><\/strong><\/p>\n\n\n\n

Key Levels<\/strong><\/h2>\n\n\n\n
Support 2<\/strong><\/td>Support 1<\/strong><\/td>Asset<\/strong><\/td>Resistance 1<\/strong><\/td>Resistance 2.<\/strong><\/td><\/tr>
$60,000<\/td>$60,000<\/td>BTC<\/strong><\/td>$65,000<\/td>$82,500<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

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TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) showed resilience over the weekend, holding above the key $60,000 psychological level and rebounding 6.5% from a local low of $59,100 to an intraday high of nearly $62,950 on Sunday. The recovery came despite broader market weakness, with the tech-heavy Nasdaq Composite posting its sharpest single-day decline since April 2025 on Friday, falling […]<\/p>\n","protected":false},"author":1,"featured_media":40376,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[17,79,310,16],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/40592"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=40592"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/40592\/revisions"}],"predecessor-version":[{"id":40594,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/40592\/revisions\/40594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/40376"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=40592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=40592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=40592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}