**Bitcoin Holds Steady Amid Market Flux**
Bitcoin (BTC) is eyeing the $60,000 mark as a crucial support level to aim for new all-time highs. Recent data shows BTC/USD bouncing back from two-week lows of $62,235, while global stock markets experience a significant sell-off.
- Japan's Nikkei index saw a dramatic 6% drop, its worst since 1987's "Black Monday."
- Historically, August and September have been challenging months for Bitcoin.
- In August 2023, BTC briefly dipped to $25,000 but has since stabilized.
Traders like Michaël van de Poppe suggest that holding above $60,000 could pave the way for a bullish run, potentially setting new records by September or October. Despite recent consolidation, some experts believe a breakout is imminent.
Stay tuned as Bitcoin navigates this volatile period.