Poll ends in 3 days. Bitcoin keeps dipping below $60k, and this recent drop was huge, like within minutes. US stocks might be influencing this, but that's not the main point here. Will Bitcoin climb back above $60k and become support again? That level feels weak now.
The weekend's coming, and we sometimes see wild price changes then. But with the current downtrend, I see $60k turning into a resistance. The market sometimes spikes above resistance before dropping, though.
Next week will show us if $60k is resistance or support. It's the end of the month, a typical time for market drops. We’re at a crossroads: bullish or bearish at $60k?
I couldn't pick yes or no in the poll because that level is losing strength. It might hold as support today but could flip to resistance tomorrow. I’m almost sure it’ll be broken eventually. The market might hover around it for a bit, but sellers will eventually take control.
I don't see this as a decision time. The price just broke from a short consolidation phase. They decided to break $60k already. But with all the manipulation in crypto, it could be a bearish trap to let institutions buy low.
I voted no, this whole area reflects prior trading volume from 2024. It's not about hitting exact numbers for support/resistance. We're closing at an April low from two years ago, so it's tricky to get past that.
Not sure if $60k will be resistance or support. I voted no because I think it’ll hold as support, at least soon. For it to truly resist, we need some technical signals like retests and dropping volumes.
It's tough to decide what’s next. I want to see what happens after this month. Bitcoin's not alone; nearly all assets are dipping. Stocks and gold are in the same boat, complicating decisions. What happens if Bitcoin can’t support the market at this price?
Close to $60k, but I doubt it’ll hold as support. Price looks set to drop further. There’s too much FUD around, especially from major buyers. I wouldn't be shocked if we hit $40k this year.
Saw this coming as resistance weeks ago when we hit about $59k. It was a clear sign. Now we’re back at $59k. Just hoping the monthly candle doesn’t close below $60k. Not ready for that.
Bitcoin just dropped below $60k again, now at $58,800. Pretty clear $60k is becoming resistance. We might dip more, but it feels like we’re nearing the bottom. Great time for new investors.
I believe $60k can be strong support if we stay above it and build a stable market. After the recent drops, if buyers hold tight and keep buying, we could see solid support forming.
If we think we’ll see another ATH eventually, then this argument about $60k won’t last long. We’ll hit $70k and $80k, and those levels will just be temporary resistance until we surpass them.
July is coming, and $60k is still a tough level to break. It feels like resistance right now, but things could flip in days. The momentum to bounce back seems weak for now.
People fixate on round numbers, and whales know it. I don’t think we’ve hit the bottom yet, but $60k isn’t a huge deal in the long run. We’ll be way above that in a couple of years.
Yeah, I see $68k as the next potential resistance zone. But if we break below $60k, it’ll definitely turn into resistance with all the sell orders waiting.
There’s a massive liquidation wall at $56k. Everyone sees it, and it’ll trigger sooner or later. Bloodbath incoming, but could be a sweet buying opportunity.
Those liquidation walls can be tricky. They might mean trouble or they might not. But if you believe in Bitcoin, it’s a perfect time to buy quietly. Bad market conditions can create great opportunities.
News updates can be misleading when analyzing Bitcoin with capital markets' tools. May saw US stocks rise while Bitcoin fell. Too much back and forth at $60k, I’m confused if it’ll stay resistance or gain support, but it feels like support after recent dips.
Notice how the market loves those big liquidities? It’ll probably go after them sooner or later. Always happens. Whether we’re in a good or bad market, they want to absorb liquidity before trending back.