NewsBTC •
March 31, 2026 at 10:40 •
Analysis
The Bitcoin price is approaching a decisive moment, according to the head of a major crypto analytics firm. A clearly defined price threshold has been identified, and falling below it could accelerate the current downturn. The warning centers on how both market structure and investor behavior may shift if this level fails, raising concerns about a deeper and more aggressive bear phase. Crypto CEO Flags A Critical Bitcoin Price Level Joao Wedson, founder of the crypto analytics platform called “Alphractal”, has issued a warning about a critical price level that could shape the next phase of the Bitcoin market. According to Wedson, $60,490 represents the realized price of Binance’s Bitcoin reserve, effectively the average cost basis of the exchange’s entire BTC holding...