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Market analyst sees further Bitcoin downside, flags $60K as key level

Jon Hartney by Jon Hartney
March 20, 2026
in Bitcoin, Blockchain, Business, Market
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Market analyst sees further Bitcoin downside, flags $60K as key level

In the latest Cointelegraph interview, professional trader Alessio Rastani warns that Bitcoin could fall below $60,000 before a meaningful bottom forms.

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Professional trader Alessio Rastani is back with a fresh market update, and the key question remains: has Bitcoin (BTC) already found its bottom — or is the real move still ahead?

In this latest interview, Rastani revisits his previous outlook and explains why his view has shifted as price action unfolded. While Bitcoin managed a short-term recovery earlier this year, he argues that the structure of the recent bounce is not yet convincing enough to signal a sustained uptrend.

In fact, he warns that the probability still favors another move lower, potentially below the $60,000 level, before a more meaningful bottom forms.

Read more

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Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
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This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

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