Analysts warn Bitcoin may drop to $60,000, with clear divergence between bullish and bearish views
ChainCatcher news, according to a report by Cointelegraph, crypto market analyst Michaël van de Poppe stated that Bitcoin has fallen below the critical support range of $75,000 to $76,000. If it fails to reclaim above $76,600, it will be difficult to sustain expectations for a new high, and the price may drop to the $60,000 range. He also pointed out that there are several CME Bitcoin futures gaps above, with the highest above $79,000, and that market pullbacks that occur on Fridays often tend to revert to bullish momentum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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