Bitcoin experienced a decline in momentum towards the end of May, with BTC/USD testing $27,000. Analysts have identified this as a crucial area for the short-term trend, with the potential for new lows if BTC/USD drops below $26,600. Meanwhile, liquidity above $30,000 could fuel a potential breakout to $35,000, according to on-chain analytics site LookIntoBitcoin's creator Philip Swift. However, readers should conduct their own research before making any investment or trading decisions.
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