Bitcoin has experienced a significant sell-off, dropping below $60,000 with over $140 million in BTC longs liquidated. The price fell to a seven-week low of $59,700 before slightly recovering to $60,400, triggering $153 million in leveraged long liquidations. Various sources report on the bearish outlook and sentiment as Bitcoin dips below $60,000, with some suggesting the possibility of further downside in the coming weeks.
Bitcoin barely holding to 60k for now https://t.co/p9fie2l3ZP
๐ #Bitcoin's support is weakening below $60K, despite the latest U.S. #PCE data showing a three-year low in inflation. While PCE data was as expected, $BTC's price remains stagnant, hovering just above $60K. https://t.co/lD0YjOSX07
ICYMI: STHs faced substantial losses as #Bitcoin briefly fell below $60k Read the full article ๐ https://t.co/X1MPpB38tF https://t.co/aoq9ZFy0S2
ICYMI: Short-term #Bitcoin holdersโ sell-off leads to third-largest loss in 2024, totaling $537 million Read the full article ๐ https://t.co/4Mmnlm549Y https://t.co/5w9ZUYSjpw
Bitcoin drops 7.8% to below $60,000 Read More: https://t.co/qC3EsTBjpV #ARYNews https://t.co/CkukGd9MS1
#Bitcoin Struggles Against Bearish Market, Slides to Near $60K Level https://t.co/QTi3vqACqQ
Bitcoin Prices Fell Below $60,000 Today, Reaching Their Lowest Since Early May, As Several Factors Fueled Declines https://t.co/MtNgUYXHjF @ForbesCrypto #Bitcoinprices #cryptocurrency
Bitcoin Prices Fell Below $60,000 Today As Multiple Factors Fueled Losses https://t.co/MtNgUYYf9d @ForbesCrypto #bitcoinprices #Crypto
Bitcoin falls below $60K. @Kr00ney reports on what's weighing on the cryptocurrency. $BTC #Bitcoin https://t.co/8ABDoXIADa
Huge support in the $59,000s on #BTC #Bitcoin. After today's dump as long as we get a daily candle close above 60k it looks like it will hold a bit more here, possibly a squeeze up to punish late shorters. Still $53k is the very clear downside target to fill in all those lowโฆ https://t.co/TBJ6QWoW6P
Bitcoin drops 7.8% to below $60,000 https://t.co/c2O2EoKHeu https://t.co/3PsuPejoYo
#Bitcoin below $60k puts a lot of focus on ~$56k plus the risk-on/off connection w/ $NVDA https://t.co/Eo6m5KljjK
Bitcoin below $60k puts a lot of focus on ~$56.5k plus the risk-on/off connection w/ Nvidia $NVDA #Bitcoin https://t.co/iwPhVS3BBT
#Bitcoin below $60k puts a lot of focus on ~$56.5k plus the risk-on/off connection w/ $NVDA https://t.co/jn8Kcsmo7p
JUST IN: Bitcoin falls over 6%, now trading at below $60,000
๐จ๐บ๐ธBREAKING: BITCOIN FALLS 7.8%, DIPS BELOW $60K Bitcoin dropped 7.8% to $59,215 at 8:50 pm GMT on June 24, falling below the $60,000 mark. Source: Reuters https://t.co/lF06XMqH9t
๐จ #Bitcoin just fell below $59k!
BREAKING ๐จ $BTC is now BELOW $59,000 and sentiment is getting more bearish Ooooooof ๐ฌ https://t.co/2pvmvymuKe https://t.co/rRlMCuP16v
BREAKING: $BTC FALLS BELOW $59,000
๐จ JUST IN: #Bitcoin drops below $59,000. https://t.co/GvGcabN1QN
BREAKING: $BTC DROPS BELOW $59K https://t.co/z4ZSr64fxt
๐ป Bitcoin Derivatives Signaling a Bearish Outlook? ๐ Price Drop: #Bitcoin fell 5.8% to a seven-week low of $59,700, then slightly recovered to $60,400. This dip triggered $153 million in leveraged long liquidations. ๐ Neutral Sentiment: Recent shifts in derivatives indicateโฆ https://t.co/W7TwoRNrFf
bitcoin below 60k ๐ https://t.co/MtHF2Jj5Se
๐จ #Bitcoin drops below $60,000! ๐จ Is this just a temporary dip or the start of a longer downtrend? https://t.co/WsOga9qLve
Whatโs the technical outlook for #bitcoin $btc as it slips below $60k? โI would generally say a small bounce in this area is possible, but look for more downside in the coming weeks,โ says @GarethSoloway:
Bitcoin is teasing 60,000.
ICYMI: #Bitcoin tumble below $63,000 last week was its second-worst weekly performance of 2024 Read the full article ๐ https://t.co/izY6SQV8Ao https://t.co/prUW8e2sa3
โ ๏ธ JUST IN: *BITCOIN FALLS BELOW $60,000 #BTC https://t.co/5nQkb3SFIx
Heavy Sell-Off Sees #Bitcoin Drop Below $60K, Over $140M in BTC Longs Liquidated https://t.co/QTi3vqACqQ
#BTC dips below $60k #TA https://t.co/MeusW3zJW3