Bitcoin teases 'seller exhaustion' as BTC price downside reaches $60.3K
60-second summary
Bitcoin sellers are showing signs of exhaustion as the price continues to decline, reaching a low of $60.3K. Market analysis suggests a potential shift in momentum, with sellers losing steam. This development brings the market closer to the psychologically significant $60,000 level, sparking hopes of a potential price rebound and increased investor confidence in the crypto market.
Bitcoin sellers were losing steam, market analysis said as ongoing BTC price downside brought the market closer to $60,000.