Bitcoin Could See New Drop To $60,000 Despite Bounce – Here’s The Level To Defend

As the crypto market recovers from last week’s cor

Bitcoin Could See New Drop To ,000 Despite Bounce – Here’s The Level To Defend

Bitcoin Could See New Drop To $60,000 Despite Bounce – Here’s The Level To Defend

As the crypto market recovers from last week’s correction, Bitcoin (BTC) is attempting to reclaim a crucial price zone. Despite the bounce, some analysts have warned that the bottom may not be in yet, suggesting the flagship crypto could soon retest its recent lows.

BTC bounces from the MA200 after the recent correction. Source: Crypto Bullet on X
Bitcoin trades at $70,622 in the one-week chart. Source: BTCUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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