Bitcoin retests $60,000 support; break targets $55,000–$50,000

Bitcoin tests $60,000 after a sharp selloff. Bulls defend the level as momentum cools.

Headline: Bitcoin breaks last month’s low, $60,000 support in play

Bitcoin started June by losing last month’s low. Analyst Lennaert Snyder says this weakens the near-term setup and makes a move toward the prior monthly high near $82,800 less likely. Source Context

He notes a rare monthly “clearout” and leftover liquidity from the drop. Expect choppy consolidation and relief rallies within support. Another downside sweep could trigger more long liquidations. Source Liquidations data

Analyst Kamile Uray highlights the $60,000 zone as key support after the market-wide decline. A stronger buyer response here could fuel a corrective rebound. Source Market move

RSI is oversold on daily and 4h. Long lower wicks would confirm demand at current levels. Source

First resistance sits near $67,500. The $74,000–$75,000 area is stronger. Sustained strength above $74,569 reduces downside risk. Source

If $60,000 breaks decisively, watch $55,000–$50,000. On the upside, key levels are $74,569, $82,885, $98,000, and $107,000–$109,000. The top band is a major barrier. Levels