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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Bitcoin Price Falls To $67,000 And Breaks The Map For Bulls—Here’s What Happens Next

Ronaldo Marquez
Ronaldo Marquez
Last Updated: June 2, 2026 4:11 pm
2 mins read
Bitcoin price

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The Bitcoin price fell hard on Tuesday, hitting $67,289—its lowest level since April—reshaping sentiment toward a more bearish outlook as bulls lose key support zones.

CoinGecko data shows the selloff isn’t isolated to one timeframe. Bitcoin has retraced across all-time horizons, reflecting widespread bearish sentiment and persistent selling pressure. 

The Bitcoin price is down about 6% over the last 24 hours and roughly 15% on the monthly timeframe. After the drop, Bitcoin is around 47% below its all-time highs of $126,000 set during last year’s rally.

What’s Next For The Bitcoin Price?

On X (previously Twitter), market analyst Ali Martinez argued that the Bitcoin price has broken below several major levels that traders typically use as a line in the sand.

Martinez pointed to the loss of channel support, the loss of the 100-day simple moving average (SMA), and the move below the 0.5 Fibonacci retracement level around $71,300. 

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The analyst said that once all three were lost, the odds of downside acceleration rose sharply, pointing to $65,000 as the next likely move. From current levels, that potential retrace would mean an additional pullback of about 3.4%.

BTC To $48,000 By September

Market expert Nonzee claimed “history is repeating itself,” describing a bear-trap pattern that previously went from $97,000 to $83,000, and then the expert charted a continuation of the crash for the Bitcoin price with another leg: $65,000, then $61,000, $58,000, $55,000 and a potential bottom at around $48,000. 

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In that scenario, the “next stops,” according to Nonzee, include “$60,000 in days,” and $48,000 by September. Short Bitcoin price bounces may happen, but he argued that waiting for a full bull market right now would be a mistake.

Not everyone is calling for the same exact path, but the tone across these forecasts is clearly cautious. Tony Research, for example, said he expects a bounce from $67,000 into the $74,000 area, yet the larger message remains that the main trend is still bearish. 

Bitcoin price
The daily chart shows BTC’s crash toward $67,200 on Tuesday. Source: BTCUSDT on TradingView.com

Featured image created with OpenArt; chart from TradingView.com

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Ronaldo Marquez
Ronaldo Marquez

Ronaldo Marquez

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies.

Read more

Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology.

Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry.

One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision.

Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities.

Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth.

However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape.

Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge.

With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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