Bitcoin Meets Critical Support at $60K
4 Articles
4 Articles
Bitcoin Bounce at $60K but More Needed
ByteFolio Issue 214;Bitcoin’s ByteTrend Score remains a 0. The price has bounced but has yet to pass above either moving average, both of which are falling.BitcoinSource: BloombergSupport at $60k is a good thing because it is an important level with lots of history. This level marks the two peaks in 2021, and the consolidation in 2018 when the US ETFs were launched. There is a good chance it holds.The Bitcoin $60,000 LevelSource: Bloomberg
Bitcoin Meets Critical Support at $60K
Bitcoin is facing a challenging year in 2026, dropping over 50% since its highs in October 2025. But what is driving this persistent weakness? In this market commentary, Jim Iuorio of JI Financial examines the leading theories behind the current crypto selloff and explains why traditional explanations might be falling short.

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