According to a report by Cointelegraph, cryptocurrency market analyst Michaël van de Poppe stated that Bitcoin has broken below the key support zone of $75,000 to $76,000. If it fails to recover above $76,600, it will be difficult to support new high expectations, and the price may fall to the $60,000 range. He also pointed out that there are multiple gaps in CME Bitcoin futures above, the highest being above $79,000, and that market pullbacks on Fridays often turn bullish again.
Analysts warn Bitcoin may fall to $60,000, with a clear divergence of opinion between bulls and bears.
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