Bitcoin price risks drop to $60,000 after rally stalls — but mid-term picture is rosier, say analysts

Bitcoin rebounds have weakened, and the coin’s price may drop as low as $60,000 in the short term, market watcher warns. Georgii Verbitskii, founder of the crypto investment platform TYMIO, told DL News that an extended period of consolidation or correction is a “likely scenario” for Bitcoin prices in the short term. “Despite the recent pullback into the $80,000 to $90,000 range, a deeper downside — including moves toward $70,000 or even $60,000 — cannot be ruled out,” he said. His comments come in the ...