May 6, 2025

Bitcoin at risk of plunging to $60,000 as traders abandon it

1 min read

Bitcoin (BTC) is on the edge of a potential plunge to $60,000 as traders continue to abandon the cryptocurrency. With its price currently at $64,000, it sits dangerously near the critical level of $65,800. This on-chain realized price could act as a support level, but if breached, it will signal an 8%-12% correction, driving the

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Source: Cryptopolitan

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