Key points: Bitcoin (BTC) sought to preserve 2024 all-time highs on June 1 after the monthly candle close delivered 11% gains. Bitcoin RSI divergence primes traders for new lows Data from ...

Its last highest weekly close was in December when it reached $104,400. It later went on to reach an all-time high of $109,358 on Jan. 20, according to TradingView.

Bitcoin could be set for a 9% rally in July as it ended the month of June on a high with its highest monthly candle at just over $107,000, according to 10X Research.