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Bitcoin Price Slips Below Crucial Support at $63,000—Here's Why Traders Now Watch $60,000 Support

2026-06-19 06:54:31

Story Highlights* Bitcoin’s break below $63,800 triggered over $303 million in liquidations, exposing fragile bullish positioning and accelerating short-term downside pressure.

Back-to-back Bitcoin ETF outflows totaling nearly $606 million signal weakening institutional demand, putting the crucial $60,000 support in focus.

BTC-2.56%

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