Bitcoin’s $60K Range Seen As Potential Long-Term Accumulation Zone, Analyst Says

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NewsBTC • June 4, 2026 at 14:00 • Analysis
A heavy wave of US Treasury issuance, a $250 billion IPO pipeline, and a shift in big tech cash toward AI spending are among the pressures Jamie Coutts says could keep markets tight for a while longer. The Real Vision chief crypto analyst still thinks Bitcoin buyers in the $60,000s may be getting a rare long-term entry point, even if the market has not fully washed out yet. Related Reading: XRP Dips In The Short Run, But A Bigger Setup May Be Forming: Analyst The Pressure Building Coutts framed the recent drop as part of a broader reset, saying Bitcoin has already fallen about 50% from its highs and that the move fits past bear-market swings on a volatility-adjusted basis. He stopped short of calling the bottom, however, and said another leg lower is still possible b...

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