🪙 Bitcoin halving 'danger zone' has 2 days left with BTC price retesting $60K #ETFvsBTC #ETHETFS #bitcoinhalving
🌐 Bitcoin has almost completed its prime BTC price drawdown phase after April’s halving, the latest analysis confirms.
📣 Bitcoin BTC challenged $60,000 support into the May 10 daily close as the classic post-halving “danger zone” spooked bulls.
👉 BTC price gives up gains above $60,000
🔷 Data from Cointelegraph Markets Pro and TradingView showed intraday BTC price lows of $60,190 on Bitstamp.
🔶 A sudden drop foiled attempts to hold levels around $63,000, with explanations mixed as to the impetus behind it.
🔷 “Monthly open has been swept again as well monthly buyers taken out. If bulls want higher & want to break this downtrend its here imo,” popular trader Skew wrote in part of his latest market coverage on X (formerly Twitter) after the bulk of the downside.
