Bitcoin fell to $65,300 overnight before recovering to the $67,000 area on June 3, marking the third test of the support level established on February 6.
The previous two re-tests of the February 6 bottom occurred on February 24 and March 29. Both times, Bitcoin recovered above $70,000 within days. The asset reached $83,000 by mid-May before the latest pullback.
U.S. stock index futures showed little directional movement following record highs on Tuesday. Oil prices and bond yields were modestly higher at the time of the re-test.
