Bitcoin Crashes Back Down to $60K After Sweeping $65K Liquidity

Bitcoin's price has dropped after sweeping $65K liquidity in June 2026. The cryptocurrency lost its bullish momentum during the session, returning to its previous trading range and strengthening sellers' control.

The bearish market action occurred immediately after a failed attempt to consolidate a sustainable advance toward the resistance channel between $65,000 and $66,000.

Key support levels indicate that the main bearish target for sellers is currently concentrated between $60,000 and $60,500. A drop toward these levels would return the asset to its recent lows of the quarter.

Data from analysts suggests that a bounce in this support band could be interpreted solely as a temporary relief move, requiring more convincing bullish follow-through to reverse the accumulated downward pressure.