Bitcoin (BTC) Breaks Below $60,000 Support

BTC drops to $58,600, potentially falling to $52,800 or $49,000. Outflows from Bitcoin ETFs, concerns over MTGOX sales, and Ethereum ETF anticipation contribute to the decline. Key support levels at $52,800 and $49,000 may trigger a reversal. Analyst predicts a strong rally in Q4 and early 2024. #Bitcoin #Cryptocurrency $BTC #MtGoxJulyRepayments #US_Job_Market_Slowdown #ETH_ETFs_Approval_Predictions #BinanceTournament