6.29 BTC loses the $60K mark 1. BTC failed to reclaim $60K last week, and both short-term and long-term trends are showing strong bearish momentum. Although indicators are oversold, it's very difficult for bulls to reverse the situation. The resistance level for BTC has shifted down to the $62,500 range. 2. Early trading saw declines in Japanese and Korean stock markets, while U.S. index futures slightly rose. The stock market remains in a crazy bull run, especially in South Korea, where Samsung and SK Hynix account for over 50% of the market. Any pullback of over 20% is a great buying opportunity.