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.
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.