Bitcoin Holds Above $59.1K Low as Short-Term Charts Signal Oversold Bounce Setup
Key Takeaways Bitcoin’s RSI-14 hit 24 on June 7, 2026, signaling oversold conditions across shorter timeframes. Bitstamp BTC/USD shows 13 of 15 moving averages in sell territory, with the 200-day EMA at $79,916. Bitcoin must close above $63,000 to $64,000 to challenge the bearish daily trend. 1-Hour Chart: Oversold Conditions and Near-Term Upside Attempts The…
