Bitcoin Forecast for June 2, 2026
Bitcoin broke below the 1/2 margin zone from the recent high and saw an immediate sell-off to the 3/4 level following news that Strategy sold 32 BTC for $2.5 million at the end of May.
This marks the first confirmed sale of Bitcoin in several years according to the report. The company currently holds 843,706 BTC, valued at over $60 billion. Notably, the company’s leadership has frequently stated they would not offload Bitcoin regardless of the price action.
It is worth noting that a break below the 69,000 level significantly increases the probability of a swift descent to the support zone at 65,000, which also aligns with the full margin zone of the current bearish cycle.