Bitcoin 'roadmap to bottom' says $58.7K Binance cost basis now crucial

New Bitcoin price analysis set out key safety nets for bulls ahead of a potential showdown with Binance traders' aggregate deposit cost basis.

New Bitcoin price analysis set out key safety nets for bulls ahead of a potential showdown with Binance traders' aggregate deposit cost basis.

Bitcoin fed into "extreme bearish sentiment" as a tight BTC price range fueled daily crypto liquidations of over $200 million.

Two-year Bitcoin hodlers have βabsorbedβ seller pressure in recent weeks, according to new research, but most analysts still expect new macro BTC price lows.

BTC price fell below the key $70,000 level as tensions between the US and Iran ramped up and a broad risk-asset sell-off liquidated late BTC long positions.