Bitcoin: Falls Below $60,000 to 20-Month Low
Bitcoin drops below $60,000 for first time in 608 days at $60889.67, down 38% in 2026 and 52% from October 2025 high.
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Bitcoin has fallen below the $60,000 mark for the first time in 608 days, hitting $60889.67 and marking a 20-month low. The move leaves the asset down 38% in 2026 and 52% from its October 2025 all-time high.
Price now trades inside the lower half of the Bollinger Bands with lower support at $59999.09. The EMA50 at $63292.63 and EMA200 at $67813.35 both act as overhead resistance in the established bearish structure, while MACD at -817.2 keeps the death cross intact and RSI at 35.11 shows no oversold bounce yet.
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.