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Bitcoin’s $57K slide puts my $49K cycle-low thesis in play unless bulls reclaim $60K

Source: CryptoSlate
Bitcoin’s $57K slide puts my $49K cycle-low thesis in play unless bulls reclaim $60K

Bitcoin is close enough to my lower channel levels that the old $49K framework is back in play, but confirmation still depends on acceptance below the high-$50Ks and stress from flows, leverage, and miners. The post Bitcoin’s $57K slide puts my $49K cycle-low thesis in play unless bulls reclaim $60K appeared first on CryptoSlate.

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Crypto investors since 2017. We trade with our own money and test every exchange ourselves.

Updated: July 2026

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