Bitcoin‘s volatility surged on June 30, with traders anticipating significant price movements. According to data from Cointelegraph Markets Pro and TradingView, BTC/USD reached highs of $61,668 on Bitstamp, rebounding from lows of $59,950 the previous day, dipping below the crucial $60,000 mark. This volatility raised concerns about the support for BTC prices. “With bids under spot price and the candle close imminent, $500M+ in bids were briefly placed and open interest rose,” noted Daan Crypto Trades on X, highlighting shifts in order book liquidity. He predicted unusual weekend price action due to the quarter-end, foreseeing “interesting moves” typical of this
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