$BTC Breaks $60K Support — Volatility Takes Control........
#Bitcoin slipped below the key $60,000 level, trading around $59,930 as selling pressure intensified and market confidence weakened. This move marks a deep 52% pullback from the peak, reflecting a broader risk-off environment and fading bullish momentum across crypto.
Extreme fear is dominating sentiment, with momentum indicators deeply oversold and volatility picking up as traders react to ETF outflows, macro uncertainty, and visible whale distribution. Liquidity conditions remain fragile, and leverage on both sides is adding fuel to sharp intraday moves.
From here, the $55K–$60K zone is a critical battlefield. Holding above this area could allow short-term stabilization, while a clean break lower may open the door toward the $50K region. This is a market for patience, risk control, and disciplined positioning rather than aggressive exposure.


