[Fun]Is $60000 now the resistance

[Out of mind]

This poll will end in 3 days from now.

Bitcoin has fallen below $60000 several times now, but this one was very massive as it happened within few minutes. United States stocks has something to do with this as they fall also, but this is not what we want to discuss about.

My main question is that will bitcoin still go above $60000 and make it a support again? That level is getting weak already.

Bitcoin is already above $60k and it is moving slowly and there is a hint of some green candle in the market. Since the market is currently fluctuating between $63k, if it can create a strong support from here, the market will soon exceed $65k. However, although we can already see that tensions between Iran and the United States are increasing a little, if the market falls a little, it may enter a temporary recession. However, if the Bitcoin market is around $70k this month, it will be a good position and if it falls below $60k, the market will enter a slight recession. However, I hope that the price of Bitcoin may not enter below $60k this month, but the way it is moving, the market will soon move in a positive direction

[Jegileman]

I am no more seeing any resistance at $60K, that’s an already weakened zone and I think we will not actually see bitcoin respecting that zone again. I see bitcoin trading more above $60K or below $60K. The range between $58K-$65K is more certain. If bitcoin continues to trade within the zone for some time longer, we will end up seeing the market going to break below $58K more than it actually changing trend to an uptrend entirely. The market is very tricky now, but it’s obvious that the bear is more favoured than the bulls now.

[Pandorak]

I am no more seeing any resistance at $60K, that’s an already weakened zone and I think we will not actually see bitcoin respecting that zone again. I see bitcoin trading more above $60K or below $60K. The range between $58K-$65K is more certain. If bitcoin continues to trade within the zone for some time longer, we will end up seeing the market going to break below $58K more than it actually changing trend to an uptrend entirely. The market is very tricky now, but it’s obvious that the bear is more favoured than the bulls now.

The $58K–$65K range you mentioned remains a fairly important range to watch. So far, Bitcoin has not been able to hold above that resistance level, in fact, it has not even been able to touch the daily resistance at $67K. The last time it rose, it only reached $65K which has now become a new resistance level.

If Bitcoin wants to end this downtrend, it must first breakout above $67K, a crucial step before moving up to higher price zones. Furthermore, it appears that Bitcoin will continue to decline to lower prices through the end of the year. For investors, this presents a good opportunity to accumulate more at what are already relatively low prices.

[STT]

Amazing how the recent high lines up with the 23% retracement from May high to June.   I think this is the lowest bar to be calling this a reasonably strong recovery attempt, its not yet passed that bar and we have to assume BTC is still weak.
   60k is as good as anywhere to keep as support but passing this Fibonacci line at 64.7k would count more towards solidifying future gains.   Very soon the 50 day simple moving average will be in the same place also, so confluence likely bringing some significance to passing the price action of July 6th

[Asuspawer09]

Market kinda recovered a little right now, but considering the drop I think there might be a chance for an even lower dip since I think September was not a good time for Bitcoin. Even though October might be a good rally I still dont think that this might be a good year. I mean, is next year 2027? going to be a bull run already? we just don't know what could happen, but the market is just starting to recover, but it is still on a good position in my opinion even since the Bullrun. I'm not really expecting for the 126k$ to be reached easily, that's why I think 60k$ is a good number to recover.

We just doesn't know we might go back to the 30k$ if that is even possible, but im not going to be surprise if that happened I think anything could happen, because the drop was just really unexpected when it's bear market, so don't see it that way, because all of this drops are a huge opportunities.

[bubilas]

Bitcoin, which had risen 9.4% for the week, has slipped to a 5% weekly gain. Since February 2026, the price has traded below both the cost price established by active investors and the breakeven level achieved by recent buyers for approximately five months, making this period one of the longest episodes of deep undervaluation in Bitcoin history. Prolonged accumulation at such a discount traditionally forms the basis for cyclical lows and represents an attractive zone for value-oriented investors. While available evidence suggests this process is approaching its late stages, a bear market bottom near the realized price of $53,000 remains a possibility that, unfortunately, cannot be ruled out.

[justdimin]

Bitcoin has fallen below $60000 several times now, but this one was very massive as it happened within few minutes. United States stocks has something to do with this as they fall also, but this is not what we want to discuss about.

My main question is that will bitcoin still go above $60000 and make it a support again? That level is getting weak already.

Seems like it is taking a while to reach under 60k, but we had this with 80k, and then had it with 70k and now having it with 60k. I do not think that we should be resisting too much, and do not be insisting that you are not going to see it, because you may see under and then we would have "is 50k resistance" soon enough if it goes down.

I am not saying it will, I am just saying that it might and we should be ready for something like that. If it does happen then do to be holding a big bag. I would say have some cash ready so that you could buy when it does go down under.

[Sexylizzy2813]

Bitcoin price is seriously running away from $60k and planning on getting to $70k, that is what I have been hoping to see since the beginning of this year and it has been a very long while since we saw Bitcoin price or the market movement stretch towards $70-80k, rather it has been more of $60k which doesn't encourage many to keep holding. But as this month is a little bit fresh the chances of Bitcoin price to go up is still high.

[Aanuoluwatofunmi]

From what I am seeing currently, we are already having $60,000 being the supporting stage and not a resistance, so expect something more bullish anytime soon, this may be eating this month or has been moved towards the next one, we are more bullish this time than going bearish with the market performance if you are able to check and see how they chat is indicating on it.

[Zy_sat]

From what I am seeing currently, we are already having $60,000 being the supporting stage and not a resistance, so expect something more bullish anytime soon, this may be eating this month or has been moved towards the next one, we are more bullish this time than going bearish with the market performance if you are able to check and see how they chat is indicating on it.

It's quite interesting as of today we facing the price is very fluctuating day by day. Even in one day the bearish can be super shocking and bullish also getting high unexpectedly. This is something that will create a lot of speculation from people who hold BTC. As of this current condition, many bullish and bearish perspective will disturbing our mindset nowadays. 

For me, the bearish and bullish will be happening in this unexpected market situation, and this is something that we shouldn’t afraid for. As today we seen the BTC is on $64k, this is to increase our awareness to keep using DCA method to keep all in control and seeking a good opportunity on getting higher knowledge to learn all the aspects of bitcoin market.