Storyline
Bitcoin nears critical price levels amid signs of market bottoming
Bitcoin is showing warning signs as nearly half of its supply sits at a loss, with the price about 47% below its all-time high. Analysts highlight a critical support level around $60,490 linked to Binance's Bitcoin reserve, where a drop below could worsen the bear market.
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- Decrypt - Bitcoin warning sign with nearly half BTC supply sitting at a lossdecrypt.co
- Bitcoin Magazine - Crypto stocks near bottom after selloffbitcoinmagazine.com
- NewsBTC - Bitcoin price falls and critical support levelsnewsbtc.com
- Bitcoin's Best Buy Zone? CryptoQuant Reveals Key Oversold LevelU.Today