Some hopium for Bitcoin.
If $60K holds, that’s not just a random number — it lines up with the weekly 200 MA, a level that has historically meant something. That’s the kind of support where sellers slow down and buyers start getting brave again.
It doesn’t guarantee a bottom. Nothing does.
But if price stabilizes here, the setup for a sharp relief rally becomes real.
Markets love to squeeze when positioning gets too one-sided. Fear builds, shorts pile in, sentiment collapses — and then one strong move flips the script.
A push back toward $80K wouldn’t be crazy in that scenario. It would be classic Bitcoin behavior.
For now, it’s simple:
$60K is the line.
Hold it — and hope turns into momentum.
BTCUSDT
Διην.
64,633.8
-5.18%