{"id":168,"date":"2026-06-04T17:30:00","date_gmt":"2026-06-04T17:30:00","guid":{"rendered":"https:\/\/futurenews24.com\/index.php\/2026\/06\/04\/bitcoin-bulls-fate-rests-on-60k-support-as-sellers-remain-in-controlutm_sourcerss_feedutm_mediumrssutm_campaignrss_partner_inbound\/"},"modified":"2026-06-04T18:41:53","modified_gmt":"2026-06-04T18:41:53","slug":"bitcoin-bulls-fate-rests-on-60k-support-as-sellers-remain-in-controlutm_sourcerss_feedutm_mediumrssutm_campaignrss_partner_inbound","status":"publish","type":"post","link":"https:\/\/futurenews24.com\/index.php\/2026\/06\/04\/bitcoin-bulls-fate-rests-on-60k-support-as-sellers-remain-in-controlutm_sourcerss_feedutm_mediumrssutm_campaignrss_partner_inbound\/","title":{"rendered":"Bitcoin Should Maintain $60,000 Subsequent After $2 Trillion Crypto Market Wipeout"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-testid=\"post__body\">\n<p>Bitcoin (BTC) returned beneath $64,000 after Thursday\u2019s Wall Avenue open as bulls nursed 13.5% weekly losses.<\/p>\n<p>Key factors:<\/p>\n<p>Bitcoin struggles to stabilize amid its worst week of losses in 2026 to this point.$60,000 is the road within the sand for bulls to defend, evaluation says.BTC value motion with a key development line intently mimics the 2022 bear market.<\/p>\n<h2>Bitcoin &#8220;sellers stay in management&#8221; as $60,000 nears<\/h2>\n<p>Knowledge from TradingView confirmed BTC value energy barely recovering after a slide to its lowest ranges since early February.<\/p>\n<figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/btcusd2026-06-0417-08-27.png\" width=\"896\" height=\"646\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/btcusd2026-06-0417-08-27.png\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<p style=\"text-align: center;\">BTC\/USD one-hour chart. Supply: Cointelegraph\/TradingView<\/p>\n<p>BTC\/USD revisited its <span style=\"text-decoration: underline;\">200-week easy shifting common (SMA) development line<\/span> on the lows, persevering with to repeat \u201cbasic\u201d <span style=\"text-decoration: underline;\">bear-market habits from 2022<\/span>.<\/p>\n<p>\u201cContinuation down after that bearish retest within the low $80Ks area,\u201d dealer Daan Crypto Trades wrote in a <span style=\"text-decoration: underline;\">abstract<\/span> of the established order on X.\u00a0<\/p>\n<blockquote><p>\u201cClearly nonetheless a much bigger down development this has been in since October final yr.\u201d<\/p><\/blockquote>\n<p>Daan Crypto Trades mentioned that the main target was now on $60,000 and its capacity to maintain as assist.<\/p>\n<p>\u201cKey space right here within the low $60Ks least with the Weekly 200MA too,\u201d he added.<\/p>\n<figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/hj-uoaywsaemgv.jpeg\" width=\"896\" height=\"584\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/hj-uoaywsaemgv.jpeg\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<p style=\"text-align: center;\">BTC\/USDT perpetual contract one-day chart. Supply: Daan Crypto Trades\/X<\/p>\n<p>Buying and selling useful resource The Kobeissi Letter famous that since October 2025, crypto markets had shed greater than $2 trillion in market up.<\/p>\n<figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/total2026-06-0417-05-30.png\" width=\"896\" height=\"646\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/total2026-06-0417-05-30.png\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<p style=\"text-align: center;\">Complete crypto market cap one-week chart. Supply: Cointelegraph\/TradingView<\/p>\n<p>On quick time frames, commentator Exitpump mentioned that sellers nonetheless had the higher hand.\u00a0<\/p>\n<p>\u201cEach bounce will get met with a wall of chasing asks on Binance perps orderbook. The second consumers begin pushing, extra provide reveals up overhead and retains value pinned,\u201d they <span style=\"text-decoration: underline;\">instructed<\/span> X followers.\u00a0<\/p>\n<blockquote><p>\u201cSellers stay in management for now.\u201d<\/p><\/blockquote>\n<figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/hj-seauxcaaomf.jpeg\" width=\"896\" height=\"522\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/hj-seauxcaaomf.jpeg\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<p style=\"text-align: center;\">BTC\/USDT perpetual contract (Binance) chart with order-book liquidity. Supply: Exitpump\/X<\/p>\n<h2>Evaluation notes &#8220;unbelievable&#8221; 2022 BTC value replay<\/h2>\n<p>At greater than 13%, BTC\/USD thus confronted its worst week of 2026 to this point, per knowledge from <span style=\"text-decoration: underline;\">CoinGlass<\/span>.<\/p>\n<p>Associated: <span style=\"text-decoration: underline;\">Trump says Iran will \u2018work out properly\u2019: 5 issues to know in Bitcoin this week<\/span><\/p>\n<figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/screenshot-2026-06-04-at-170134.png\" width=\"896\" height=\"261\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/screenshot-2026-06-04-at-170134.png\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<p style=\"text-align: center;\">BTC\/USD weekly efficiency (screenshot). Supply: CoinGlass<\/p>\n<p>Persevering with on the 200-week development line, in the meantime, at present at $61,626, dealer and analyst Rekt Capital made the case for ongoing four-year BTC value cycles.<\/p>\n<p>\u201cOn the thirteenth of June 2022, Bitcoin reached the 200-week SMA throughout its Bear Market correction,\u201d he <span style=\"text-decoration: underline;\">famous<\/span> on the day.\u00a0<\/p>\n<blockquote><p>\u201cNow within the 2026 Bear Market, Bitcoin has reached the 200-week SMA nearly precisely to the date 4 years later. Bitcoin Cycles are unbelievable.\u201d<\/p><\/blockquote>\n<figure><img alt=\"\" src=\"https:\/\/s3-images.ctmedia.io\/media\/content\/hj9ta-kwqaa4kry.jpeg\" width=\"896\" height=\"692\" data-original=\"https:\/\/s3-images.ctmedia.io\/media\/content\/hj9ta-kwqaa4kry.jpeg\" loading=\"lazy\" decoding=\"async\"\/><\/figure>\n<p style=\"text-align: center;\">BTC\/USD one-week chart with 200SMA. Supply: Rekt Capital\/X<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/markets\/bitcoin-bulls-fate-rests-on-60k-support-as-sellers-remain-in-control?utm_source=rss_feed&#038;utm_medium=rss&#038;utm_campaign=rss_partner_inbound\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) returned beneath $64,000 after Thursday\u2019s Wall Avenue open as bulls nursed 13.5% weekly losses. Key factors: Bitcoin struggles to stabilize amid its worst week of losses in 2026 to this point.$60,000 is the road within the sand for bulls to defend, evaluation says.BTC value motion with a key development line intently mimics the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/bitcoin-lazer-eyes-and-bull-run1.jpg","fifu_image_alt":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[12],"tags":[24,21,255,177,256,257],"class_list":["post-168","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-decentralized-technology","tag-bitcoin","tag-crypto","tag-hold","tag-market","tag-trillion","tag-wipeout"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Should Maintain $60,000 Subsequent After $2 Trillion Crypto Market Wipeout - Future 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