Bitcoin price risks $29K 'nosedive' as Wall Street opens with fresh losses
Weakness across markets means fresh bad news for Bitcoin, with analysts struggling to find any positive news. Bitcoin (BTC) lost bullish momentum at the June 1 Wall Street open as United States equities faced another day of retracement.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewZooming out, "nothing" has changedData from Cointelegraph Markets Pro and TradingView captured a sharp U-turn for BTC/USD at the start of trading, $1,600 in three hours.At the time of writing, the pair traded at around $30,400, giving back the past days' gains.For Cointelegraph contributor Michaël....
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