Bitcoin (BTC) stayed wedged in a tight range on June 4 as traders’ demands for a new macro low persisted.
Long-term holders begin ‘distribution’
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stuck between $29,000 and $30,000 into the weekend.
The pair had managed a revival to near $31,000 the previous day, but the last Wall Street trading session of the week put pay to bulls’ efforts.
As “out-of-hours” markets…
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