Bitcoin Price Analysis: Where Is BTC Heading Next After Drop Below $61K?

From CryptoPotato

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CryptoPotato • June 5, 2026 at 14:20 • News
Bitcoin remains under heavy selling pressure after crashing below multiple key support levels in quick succession. The recent rejection from the descending 200-day moving average triggered a sharp sell-off that invalidated the previous rising channel structure and pushed BTC back toward a major demand zone around $60K. Meanwhile, on-chain data suggests market participants are increasingly […]...

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