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Bitcoin Unlikely to Drop Below $60K Going Forward, Says Whale 'Set Ten Major Goals'

GateNews
Market AnalysisPrice Prediction
BTC-1.03%
According to whale "Set Ten Major Goals" on X, Bitcoin is unlikely to drop below $60,000 in the foreseeable future. The trader noted that after consolidating between $58,000 and $63,000 and stabilizing above $66,000, market conditions support a further move upward, with potential to breach $72,000. The trader cited Bitcoin's mainstream mining cost concentrated between $50,000 and $60,000 as key support, reinforced by Bitcoin's quick recovery after touching $58,000 last month. As institutional capital continues flowing in and Bitcoin's asset properties strengthen, the cryptocurrency is establishing an independent trading pattern increasingly decoupled from U.S. equities.
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