Bitcoin price bounced back to hold above $8500 June 1, calming market fears that a pullback earlier this week would trigger a more serious reversal. BTC Daily Closes Above Expectations Data from cryptocurrency exchange Bitstamp, which tracks a more conservative BTC price than most tickers, placed BTC/USD at $8540 as of press time Saturday. Bitcoin had dipped as low as $8076 on May 30 after a sudden surge took markets above $9000 to hit theirRead MoreThe post Bitcoin Price At ‘Major Inflection Point’ As Traders Eye Gains Above $9k appeared first on Bitcoinist.com.