The world’s largest cryptocurrency Bitcoin trades at $61,179 to start today’s session, marking a sharp 3.35% 24-hour pullback that has erased recent minor upside gains. Today’s intraday price action is bounded between support at $59,955 and resistance at $62,403, putting the closely watched $60,000 psychological level within striking distance of current spot prices. Market price models project a bearish trading session ahead with 80% confidence, as broad risk-off sentiment across global markets and persistent macro rate concerns continue to cap upside momentum for major crypto assets. Traders are watching the $59,955 support level closely, as a break below this range would confirm the bearish bias and open the door for further downside through the day.
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