Bitcoin Holds Near $63,000 as Technical Levels Guide Weekend Trade
Bitcoin stabilized near $63,021 on June 12 after advancing 2.4-2.5% to $62,800 the prior day and holding the key $62,800-$63,000 zone. The move capped a volatile period that saw price test $60,000 support amid a sharp sell-off, extreme Fear & Greed readings near 10, and rare negative demand signals of -650,000 BTC. Bitcoin outperformed altcoins with dominance climbing to 59%, while El Salvador continued accumulation to 7,677 BTC on the fifth anniversary of its Bitcoin Law, providing a steady long-term bullish backdrop despite ongoing technical caution.