BTCUSD loses 2024 highs consolidating 2021 support zoneBitcoin vs US DollarACTIVTRADES:BTCUSDActivTradesBy Ion Jauregui – Analyst at ActivTrades Bitcoin (BTCUSD) is trading around $53,480 in early trading on Tuesday, June 30, remaining in a correction phase after the loss of relevant technical levels, in a context still conditioned by the latest halving and the advance of institutional infrastructure in the crypto ecosystem. The fourth halving, celebrated in April 2024, reduced the block reward from 6.25 to 3.125 BTC, limiting the issuance of new bitcoins and reinforcing its scarcity structure. In the short term, the price has recorded higher volatility after the loss of the 2024 high, reached on May 31, a level that acted as a key technical reference. From a technical point of view, the market shows signs of weakening. The price is located in the area of the 2021 highs, an area that acts as relevant structural support. In the event of continued selling pressure, the next support is located at $52,900, followed by a broader zone around $48,340. The RSI remains around 30, in oversold territory, while the MACD continues in a contraction phase, with loss of momentum and weakening of the histogram. The bearish crossover of moving averages recorded after the loss of the 2024 highs remains in place, reinforcing the corrective bias in the short and medium term. A recovery above $56,000 would allow this short-term bearish bias to be neutralized. Regarding market sentiment, the corrections in early June were accompanied by episodes of higher risk aversion in Bitcoin and a rotation towards altcoins. However, this bias has been neutralized in recent sessions. According to the ActivTrades Crypto Fear & Greed indicator, the market remains in neutral condition, reflecting balance between buyers and sellers. In parallel, the fundamental context continues to be marked by the growing role of institutional infrastructure. BlackRock has integrated the USDe stablecoin from Ethena into its Aladdin platform, used for managing more than $20 trillion in assets, in an operation aimed at developing liquidity and tokenization solutions, with no direct impact on Bitcoin but relevant for the ecosystem. Overall, the market combines a short-term corrective technical phase with a structural backdrop still supported by the supply reduction derived from the halving and the advance of institutional adoption, in an environment sensitive to Federal Reserve monetary policy and global risk appetite. ******************************************************************************************* La información facilitada no constituye un análisis de inversiones. El material no se ha elaborado de conformidad con los requisitos legales destinados a promover la independencia de los informes de inversiones y, como tal, debe considerarse una comunicación comercial. Toda la información ha sido preparada por ActivTrades ("AT"). La información no contiene un registro de los precios de AT, o una oferta o solicitud de una transacción en cualquier instrumento financiero. Ninguna representación o garantía se da en cuanto a la exactitud o integridad de esta información. Cualquier material proporcionado no tiene en cuenta el objetivo específico de inversión y la situación financiera de cualquier persona que pueda recibirlo. La rentabilidad pasada y las estimaciones o pronósticos no son sinónimo ni un indicador fiable de la rentabilidad futura. AT presta un servicio exclusivamente de ejecución. En consecuencia, toda persona que actúe sobre la base de la información facilitada lo hace por su cuenta y riesgo. Los tipos de interés pueden cambiar. El riesgo político es impredecible. Las acciones de los bancos centrales pueden variar. Las herramientas de las plataformas no garantizan el éxito.