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Opinions14 days ago· 1 min read

More Experts Call the $60,000 Level the Bitcoin Bottom - Market Monitoring

Bitcoin
Bitcoin

The number of market experts claiming that Bitcoin has already formed a bottom at the $60,000 level continues to grow, according to ongoing market monitoring.

Historically, such consensus moments often mark late-stage sentiment shifts, when confidence starts to rebuild after prolonged downside pressure. However, markets have a habit of moving against majority expectations.

That’s why, from a TradersWeek Market Research perspective, the growing belief that “the bottom is in” may ironically suggest the opposite — risk of another downside leg cannot be ruled out.

For traders, this environment calls for:

  • caution around overly confident narratives
  • confirmation through price structure and liquidity
  • disciplined risk management rather than prediction-driven positioning

As always, when everyone agrees on the bottom, the market tends to ask one more uncomfortable question.

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