Bitcoin has fallen below the $60,000 support level, a critical demand zone. This decline leaves more than 16% of BTC holders in a loss position.

Historically, demand for Bitcoin just below $60,000 has been weak, suggesting continued downward pressure.

“The next major demand zone lies between $40,000 and $50,000.”

Bitcoin, which has decreased by 5.2% in the last 24 hours, continues to be traded at $ 57,354.

Bitcoin has breached its $60,000 support level, a critical demand zone. This move leaves over 16% of BTC holders in a loss position.

Historically, demand just below $60k has been weak, suggesting further downward pressure. The next significant demand zone lies between $40,000