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Crypto & Digital Assets

Bitcoin’s quiet $59,000-$60,000 range is starting to look dangerous

The token has traded in a tight band near $59,000 to $60,000 all week. The pattern echoes a calm stretch from 2024, but this one is forming below support in a falling market, and a break could open the way toward $40,000.

Bitcoin’s quiet $59,000-$60,000 range is starting to look dangerous
Bitcoin’s quiet $59,000-$60,000 range is starting to look dangerous · Photo: Unsplash

The token has traded in a tight band near $59,000 to $60,000 all week. The pattern echoes a calm stretch from 2024, but this one is forming below support in a falling market, and a break could open the way toward $40,000.

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This article references CoinDesk. Open original source.