Bitcoin (BTC) was the focus of attention on June 1st, as the disappointing monthly close brought its price down. According to data from Cointelegraph Markets Pro and TradingView, BTC/USD slid below $27,000, erasing its weekend uptrend, and returned back to its familiar trading range. Furthermore, BTC/USD filled a gap in CME futures that had been outstanding since the weekend. While some traders, such as Jelle, predicted a breakout to $30,000, other traders, such as Daan Crypto Trades and Skew, remained risk-averse until a clearer market direction emerged. DecenTrader cautioned that Bitcoin’s trading signals were “moderately bearish” and flagged downside support levels, while noting that the cryptocurrency was “still straddling” in terms of liquidity.