Bitcoin bulls' fate rests on $60K support as crypto erases $2T in market cap

Read original at CoinTelegraph·

Bitcoin bulls' fate rests on $60K support as crypto erases $2T in market cap

60-second summary

Bitcoin's price remains under sellers' control as it struggles to break above $60K, a crucial support level. The cryptocurrency's inability to sustain a rebound is eerily reminiscent of 2022's bear market, with each attempt being met with selling pressure.

Bitcoin continued "incredible" 2022 bear market repeat behavior as sellers kept control over BTC price rebound attempts.