{"id":62100,"date":"2026-06-08T06:31:32","date_gmt":"2026-06-08T06:31:32","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=62100"},"modified":"2026-06-08T06:33:23","modified_gmt":"2026-06-08T06:33:23","slug":"bitcoin-is-searching-for-the-bottom-again-a-new-growth-trend-will-come-but-not-immediately","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/bitcoin-is-searching-for-the-bottom-again-a-new-growth-trend-will-come-but-not-immediately\/","title":{"rendered":"Bitcoin is searching for the bottom again. A new growth trend will come, but not immediately"},"content":{"rendered":"\n

Bitcoin, after a significant drop, has once again approached price levels where the market’s future direction was previously determined. The area around $60,000 may bring a stronger buyer reaction in the short term, but the actual bottom will likely not form within just a few days.<\/strong><\/p>\n\n\n\n

You might like: How to earn through cryptocurrency Airdrops?<\/a><\/h2>\n\n\n\n

The $60,000 threshold is the first major test for the market<\/h2>\n\n\n\n

Bitcoin’s price has significantly accelerated its decline over several days and returned to the level around $60,000. This is where the market<\/a> already showed strong activity once this year, so it’s not a random number on the chart. It’s an area where significant volumes were previously traded and where buyers may attempt to establish a defensive line again.<\/p>\n\n\n\n

However, the weekly candle simultaneously sent a very harsh signal<\/a>. A drop of more than 16% shows that supply had a clear advantage over demand and the bulls lost control. If bitcoin is to continue lower toward $52,000, it may not be a rapid fall. More likely is gradual testing of supports, returns, brief bounces, and a slower search for equilibrium.<\/p>\n\n\n\n

Read more: BUX broker review: What pitfalls to avoid?<\/a><\/h3>\n\n\n\n

A new growth trend can only begin after a solid bottom is formed<\/h2>\n\n\n\n

From a long-term perspective, it’s important to monitor mainly the 200-week and 300-week moving averages. In past cycles, these dynamic levels often played a role in forming the final price bottom. In 2018, it was enough for bitcoin<\/a> to repeatedly test the 200-week average, while in 2022 the market declined more significantly and leaned on the area around the 300-week average.<\/p>\n\n\n\n

Therefore, it makes sense to expect that this year too, the decisive part of the cycle may play out precisely between these long-term averages. The $52,000 level fits well into this picture, as it lies roughly between them. At the same time, pressure is growing on major bitcoin treasury strategies, including Michael Saylor’s Strategy<\/a> company, which according to reported data faces significant unrealized losses. The market is thus not only looking for a technical bottom, but also an answer to the question of how much confidence in the bitcoin strategy investors still have.<\/p>\n\n\n\n

Don’t miss: MadisonSix<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

Bitcoin, after a significant drop, has once again approached price levels where the market’s future direction was previously determined. The area around $60,000 may bring a stronger buyer reaction in the short term, but the actual bottom will likely not form within just a few days. You might like: How to earn through cryptocurrency Airdrops? […]<\/p>\n","protected":false},"author":7,"featured_media":62092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[15],"tags":[18,22,16],"class_list":["post-62100","post","type-post","status-publish","format-standard","has-post-thumbnail","category-kryptomeny","tag-bitcoin","tag-krypto","tag-kryptomeny"],"aioseo_notices":[],"yasr_visitor_votes":{"stars_attributes":{"read_only":false,"span_bottom":false},"number_of_votes":0,"sum_votes":0},"aioseo_meta":{"seo_title":"Bitcoin Tests $60K Level After Sharp Drop - Market","meta_description":"Bitcoin approaches $60,000 after significant decline. Market may test support levels before finding bottom. Analysis of key technical indicators and trends.","focus_keyword":""},"_links":{"self":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/62100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/comments?post=62100"}],"version-history":[{"count":1,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/62100\/revisions"}],"predecessor-version":[{"id":62106,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/posts\/62100\/revisions\/62106"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/media\/62092"}],"wp:attachment":[{"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/media?parent=62100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/categories?post=62100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-globe.com\/en\/wp-json\/wp\/v2\/tags?post=62100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}