📉 Bitcoin Futures Alert: Bears Poised for a $60K Retest 🚨
Recent Bitcoin futures data suggests that bearish momentum could intensify — potentially driving BTC back toward the $60,000 level if key supports fail to hold. Liquidity is building below current price levels, increasing the probability of a volatility spike.
🔎 Key Insights from the Futures Market
• 📉 Liquidity Void Below $66K — Bitcoin’s rejection near the $70,000–$72,000 resistance zone has left a liquidity gap toward the $60K region. Price often moves quickly through low-liquidity zones.
• 📊 Lower Highs Structure — Repeated failures to reclaim resistance show short-term bearish control.
• 📉 Momentum Weakening — RSI cooling and declining buying pressure suggest bulls are losing strength.
• 🧨 Stop-Loss Clusters Targeted — A concentration of leveraged long positions remains around the $60,500 zone. A break below support could trigger liquidation cascades, accelerating downside volatility.
Source: Cointelegraph market analysis
📊 What This Means for Traders
• Bears maintain short-term advantage
• A liquidity sweep toward $60K is possible
• Risk management is critical in leveraged markets
#BTC #Bitcoin #Crypto #Binance $BTC
