Hupzy (Spot On Chain)
Hupzy (Spot On Chain)|6ๆœˆ 24, 2026 18:43
๐Ÿšจ Bitcoin has broken below $60,000, down nearly ๐Ÿฎ๐Ÿฌ% this month. The $60K level is a major psychological support that has now been breached, with the monthly drawdown approaching correction territory. The decline aligns with record Bitcoin ETF outflows (-$6.4B over 30 days) and broader risk-off sentiment across commodities. ๐—›๐˜‚๐—ฝ๐˜‡๐˜† ๐˜๐—ฎ๐—ธ๐—ฒ: BTC breaking $60K is a significant technical breakdown โ€” this level has held as support through multiple selloffs over the past year. The combination of record ETF outflows and commodity-wide weakness (gold below $4,000, oil below $70) suggests a coordinated risk-off move rather than a crypto-specific event. Traders should watch whether $60K flips to resistance on any bounce, or if capitulation accelerates toward the next major support zone. source: KobeissiLetter Track real-time signals & trade โ†’ https://hupzy.com/trending(Hupzy (Spot On Chain))
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