Bitcoin Price Analysis: BTC Falls Below $61,000, Here’s the Next Target

Bitcoin Price Analysis: BTC Falls Below $61,000, Here’s the Next Target

Bitcoin’s rejection at $66K and the break below the 200-day moving average suggest that bearish sentiment is gaining strength. If the price fails to hold the $60K support, the likelihood of a mid-term decline toward the $52K-$55K zone increases. Technical Analysis By Shayan The Daily Chart On the daily chart, Bitcoin’s surge above both the…