Breaking below $60,000 this week to hit a 20-month low definitely feels like a massive punch to the gut for anyone checking their portfolio. It’s pretty clear that massive traditional finance shifts—like the recent SpaceX Nasdaq listing and the relentless AI stock craze—have temporarily sucked the speculative oxygen right out of the crypto room. For the coming week, expect things to stay incredibly tense and emotional as we watch whether Bitcoin can firmly reclaim that $60k psychological floor. But the real silver lining for the coming months is that long-term "OG" holders aren't actually panic-selling, and exchange supplies remain historically low. Once this tech-equity rotation cools down and the Fed stops teasing interest rate hikes, this patient capital should quietly lead a steady, organic recovery.


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BTC-1.35%
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