• Bitcoin traders diverge over BTC price strength with $60K in sight Bitcoin gained both upside and downside targets as the Wall Street open brought fresh BTC selling pressure and tariff reactions began. • Cointelegraph in your social feed Bitcoin (BTC) battled US sellers at Monday’s Wall Street open amid mixed feelings over the short-term BTC price outlook. • Key points: Bitcoin price targets include a $60,000 drop as well as a recovery amid uncertain moves. • Bitcoin price targets include a $60,000 drop as well as a recovery amid uncertain moves. • Bitcoin attempts to absorb repeat rounds of selling into the TradFi trading week. • Bitcoin attempts to absorb repeat rounds of selling into the TradFi trading week.
Article Summaries:
- Bitcoin traders remain split on short‑term price direction as BTC fell roughly 2.5% on Monday, trading in a tight range around $66,000. Analysts note key support near $65,000 and resistance between $66.5k and $68.7k, with some warning that a dip below $65k could trigger a retest of $64.2k. While some traders, like Exitpump and Michaël van de Poppe, see early signs of a recovery, others caution that the market is “confusing” and may still fall toward the $60,000 mark. The debate is intensified by new U.S. tariffs announced by President Trump, which traders view as an immediate macro catalyst adding policy uncertainty.
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