Bitcoin Falls to $60,000, Weekly Loss Exceeds 14%

Increasing selling pressure in cryptocurrency markets has accelerated Bitcoin's decline. The largest cryptocurrency fell to the $60,000 level, alarming investors. With this drop, Bitcoin has experienced a weekly loss of over 14%. This sharp decline has shaken confidence in cryptocurrencies overall, with analysts suggesting that selling pressure may continue. Whether Bitcoin can hold the $60,000 level is being closely watched as a critical indicator for market direction in the coming days. Investors are adopting a cautious stance amid macroeconomic uncertainties and regulatory news. This volatility in cryptocurrency markets increases risks for short-term traders while underscoring the importance of long-term strategies. This is not investment advice.

📊 BTC — Piyasa Yorumu

▼ down · 65%

Bitcoin has fallen to the $60,000 level, recording a weekly loss of over 14%. Technical indicators confirm the weakness: the RSI has dropped below the neutral zone to 43, the MACD is in negative territory and trading below its signal line. The price is trading below both the 20-day and 50-day moving averages. In the short term, the risk of continued selling pressure is high, but since the $60,000 level has been tested as psychological support, a temporary pause at this level may occur.

RSI 14

43.0

MACD

-621.37

24h Δ

-4.46%

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