Bitcoin Could Revisit $60,000 Level in 2026 — Analyst
Summary
Crypto market analyst Michaël van de Poppe suggests that Bitcoin could retest the $60,000 support level following a breakdown below the crucial $75,000 to $76,000 zone. While some analysts maintain a bullish outlook based on historical 90-day rally patterns, others point to bearish indicators like the asset trading below its 200-day and 365-day exponential moving averages. Market uncertainty remains high due to macroeconomic factors and Federal Reserve policy, though on-chain data suggests a drop below $60,000 remains unlikely due to the significant volume of Bitcoin held by long-term investors.
(Source:Cointelegraph)