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Bitcoin Trades Near $60,000 As Strategists Flag Technical Breakdown, ETF Outflows

Bitcoin
International Business Times Fews App News Provider
Fews App Post Time 2h ago

Bitcoin's decline has coincided with a slowdown in retail participation, which previously played a larger role in driving momentum during earlier phases of the rally. IBTimes US Bitcoin is trading near $60,000 after pulling back sharply from a record high above $120,000 earlier in the cycle, with market participants closely watching whether the price zone continues to hold amid shifting institutional demand and broader risk-asset volatility. The recent move has brought Bitcoin back into a key technical range that traders and institutional desks have been monitoring as liquidity conditions tighten across global markets.

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