Bitcoin Falls Below $73,000 on June 1; Analysts Predict Further Decline to $40K-$70K

BTC-4.02%
On June 1, multiple analysts shared Bitcoin price predictions as BTC fell below $73,000. Benjamin Cowen expects BTC to decline to $70,000 before recovering, potentially retesting February lows. Doctor Profit predicts a capitulation phase with a bottom between $40,000 and $50,000, likely in September-October. Michael van de Poppe highlighted that failure to hold $71,000 support could trigger a fall to $61,000-$65,000, while PlanB sees over 50% probability of BTC dropping below $61,000.
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