On June 24, Bitcoin broke below the $60,000 level, hitting a low of $59,023 — its lowest since October 2024. The selloff is driven by multiple headwinds: hawkish Fed signals strengthening rate hike expectations, rising Treasury yields pressuring risk assets, seven consecutive weeks of ETF outflows, and Strategy's ~$13.9 billion paper loss on its BTC holdings fueling market fear. The $60,000 level is a critical near-term support — a breakdown could open the door to $55,000. Over $650 million in long positions were liquidated, with the bearish trend firmly in place. Caution is advised for counter-trend buying attempts.

User_any

37m ago

#BTCProbes60KKeySupportLevel
Bitcoin is testing the one level the entire market is watching — and right now, it is holding by a thread.
🔹 The price action, right now
BTC fluctuated between $59,108 and $63,221 over the past 24 hours. Currently pressing the lower bound of that range near $60,973. Down 4.47% over the past seven days. Down $13,961 from the May 25 peak of $77,623. The structure is clearly under distribution pressure.
🔹 The technical picture across all timeframes
Bearish alignment is confirmed across the 15-minute, 4-hour, and daily charts simultaneously. MA7 sits below MA30, whi

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DragonFlyOfficial

48m ago

#BTCProbes60KKeySupportLevel
The $60K Breach: When Psychology Meets Liquidation
Bitcoin just did what every chartist feared but few truly believed would happen this quickly. The $60,000 level—a fortress that held through multiple assaults since late 2024—finally cracked. At $59,023, BTC hit its lowest point since October 2024, and the market is now asking the uncomfortable question: was this a healthy correction or the start of something uglier?
The Anatomy of a Breakdown
This isn't just about price. It's about structure. The $60K level represented more than a round number; it was the psychol

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CryptoEye:

To The Moon 🌕

Edelweiss

48m ago

Historical Five Hundred Day Rule Points to New Bitcoin Accumulation Window Opening Late November
The cyclical framework regulating the premier digital currency is garnering intense interest across global trading desks after recent analytical data mapped out the next strategic buying opportunity. According to a market report published by BeInCrypto referencing a trading model shared by analyst Crypto Rover, the four-year $BTC cycle displays a highly accurate blueprint known as the 500-day rule. This specific mathematical model dictates that investors optimize their portfolio returns by systema

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GateUser-0ab838cd:

cool

GateUser-83e9cba0

7h ago

"Bitcoin falls back under hitting its lowest level since October 2024"
Bitcoin dips below , marking its lowest point since October 2024 amid ongoing market challenges.
Investors remain cautious as volatility decreases. - per CNBC
#WorldCup🏴󠁧󠁢󠁳󠁣󠁴󠁿vs🇧🇷 #$BTC

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GateUser-11474ec2

05-30 02:05

$BTC #BTC Your Market Recap Lives On
fomo
Most traders start their day switching between apps and feeds just to piece together what happened overnight, and by the time they have the full picture, the market has already moved.
On fomo, that recap is always waiting on top of the feed, sharing macro moves and asset updates from $HYPE to # $BTC status in real time, with the context behind each
observation.
This summary lives on top of a live feed of traders who are actively in the market, closing and opening positions.
The market always has something happening, and fomo is where you can see it all

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Yusfirah:

To The Moon 🌕

BeautifulDay

05-18 03:10

#$BTC faced a sharp drop toward the 76K region, triggering panic across short-term traders and leveraged positions. The move came after repeated rejection near resistance zones, combined with heavy profit-taking and weakening momentum on lower timeframes. Large liquidations accelerated volatility and pushed price into key demand territory.
Despite the aggressive sell-off, the broader market structure is still not completely broken. Bitcoin remains highly reactive around major psychological levels, and buyers are closely watching for stabilization and reclaim attempts. If bulls defend this zone

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Yusfirah:

LFG 🔥

windx

05-12 01:36

#$BTC #GateSquareMayTradingShare In May, BTC is likely to be bullish towards the 82,000 level. Some analysts say that May is the month for BTC to go long, but BTC remains highly volatile and can turn bearish at any time. Don't forget to set TP/SL to minimize risk and maximize profit.

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Yusfirah:

To The Moon 🌕

CryptoSuperMan

05-11 18:23

The big trend has begun, a full-scale rally!
No need to hesitate, fear no fluctuations, the trend is clear, forging ahead relentlessly.
Hold tight to your chips, go with the flow, let your balance run, strike with a heavy punch.
Gather strength today, become a legend tomorrow, ride the wind upward, double your wealth,
May we catch the wave perfectly, shine all the way, and soon achieve great success #btc #比特币波动

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Yusfirah:

To The Moon 🌕

LilikGunawan

05-07 17:24

The major cycle stance remains unchanged: Although this rebound is strong (60k → 83k, nearly 40% increase), it is defined as a healthy technical correction within a bear market, not the beginning of a main upward wave
S#$BTC #GateSquareMayTradingShare

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L4lF4f

05-05 16:28

this is my cute margin playing futures on btc and skyai, we'll see tomorrow it will become a dragon or a worm hahaha, tell me friends if this is my cute margin when it becomes a dragon it's time for us to just sleep, to hell with the global elite haha
#WCTCTradingKingPK #USSeeksStrategicBitcoinReserve
#$BTC ‌$SKYAI ‌

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