Bitcoin bulls' fate rests on $60K support as crypto erases $2T in market cap

Bitcoin continued "incredible" 2022 bear market repeat behavior as sellers kept control over BTC price rebound attempts.

Technical Analysis

Bitcoin bulls' fate hangs on $60K as crypto market cap drops $2T. Price struggles to break above key level, signaling bearish sentiment continues.

The crypto market has erased $2T in value, with Bitcoin bulls now facing a critical $60K support level.

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