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Market Cap$ 2.49T-1.20%

24h Spot Volume$ 70.93B-41.6%

DominanceBTC55.80%+0.25%ETH10.19%+3.90%

ETH Gas0.06 Gwei

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Bitcoin Price Prediction: Sub-$60K Next for BTC or a Strong BTC Rebound?

Bitcoin BTC Analysis

Feb, 07, 2026

< 1 min read

by Shayan Markets

for CryptoPotato

Bitcoin Price Prediction: Sub-$60K Next for BTC or a Strong BTC Rebound?

Bitcoin has entered a highly sensitive phase after an aggressive downside continuation. The recent sell-off has pushed it into a historically reactive demand region of $60K, while broader risk sentiment remains fragile. The market is approaching a juncture where technical structure, higher-timeframe demand, and on-chain liquidity dynamics converge, making the coming sessions critical for short- to mid-term direction.

Bitcoin Price Analysis: The Daily Chart

On the daily timeframe, Bitcoin has decisively broken below its recent structure and continued to respect the descending channel, while the rejection from the middle boundary of $75K confirms that sellers remain firmly in control. The most important development is the impulsive breakdown toward the lower boundary of the channel, where the asset is now testing a major demand zone at the $60K price region that previously acted as a strong buyers’ base earlier in the cycle.

Read the article at CryptoPotato