Bitcoin Price Faces Key Test at $60K Amid Tariff Headlines and Middle East Tensions

The bitcoin market is experiencing a fragile risk mood, with traders weighing tariff headlines and Middle East tensions. As a result, the price has slipped under $63,000 earlier this week and is currently trading in the mid-$60,000s.

Liquidity looks thin, which may lead to quick bounces that fade quickly. For Indian investors, it's essential to monitor global cues first and then confirm local order-book depth and maker-taker fees.

The technical backdrop shows a bearish trend, with the RSI at 30.39, near oversold, and the MACD negative at -5,434.19. The Awesome Oscillator is also deeply negative, keeping the path of least resistance to the downside.