Bitcoin Traders Bet on Deeper Crash, Eyeing $55K Level Next

03-Jun-2026 CoinPedia
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The post Bitcoin Traders Bet on Deeper Crash, Eyeing $55K Level Next appeared first on Coinpedia Fintech News

Bitcoin has come under heavy selling pressure, falling from $74,000 to $65,500 in just 48 hours. As the world’s largest cryptocurrency struggles to recover, traders on prediction markets are increasingly betting that the decline isn’t over, with many expecting Bitcoin to retest its April low of $55,000 before year-end.  Here’s why BTC traders are so …

Also read: XRP Price Loses Key Support: The Drawdown May Not Be Over Yet
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