Bitcoin: Falls Below $60,000 to October 2024 Lows
Bitcoin drops under $59862.63, lowest since October 2024. 4h chart shows bearish EMA50 at $63483.29 and oversold RSI at 23.4.
SourceAnalysis
Bitcoin slipped back under $60,000 on June 24 2026, reaching its lowest print since October 2024 at $59862.63.
The move extends the bearish trend visible on the 4h chart where price sits below both EMA50 at $63483.29 and EMA200 at $67930.84. MACD remains locked in a death cross at -748.55 while RSI at 23.4 signals oversold conditions. Bollinger bands show price testing the lower band support near $60510.33 with upper resistance at $65844.06.
Traders now watch whether the oversold RSI produces a relief bounce toward the EMA50 resistance or if fresh selling pressure drives BTC through the lower band into deeper support. This setup feeds directly into ongoing BTC price prediction models and crypto market analysis across desks.
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