$BTC is staring down a critical line in the sand on the weekly timeframe, where the $60,000 support zone is under intense pressure from macro headwinds and institutional capital rotation into AI equities. As a vital accumulation floor dating back to the February bottom, a weekly close below this psychological milestone could expose deeper liquidity pockets toward $55,000, while a strong defense and bounce here would form a resilient double-bottom structure. Despite recent ETF outflows and heightened market anxiety ahead of the upcoming CPI inflation data and Federal Reserve FOMC meeting, on-chain metrics show that long-term holders are maintaining their positions, indicating structural portfolio rebalancing rather than retail panic selling.
BTC
64,174
-0.61%