Bitcoin Faces 30% Drop Risk If $60K Support Breaks
2026-06-29 11:50

Woofun AI reports that strategists Matt Maley and John Roque identify Bitcoin at a critical technical juncture near $60,000. Roque warns that a breach of this support level could trigger a decline to $40,000. Maley notes that sustained weakness may exacerbate negative sentiment, while recent record monthly ETF outflows signal fading enthusiasm. Retail capital is shifting toward AI equities, though potential regulatory clarity from Congress could eventually bolster institutional interest.

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Tags:
Bitcoin
Matt Maley
John Roque
Miller Tabak
22V Research
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