Bitcoin Price Faces Critical $60K Test Amidst Geopolitical Turmoil

The recent price action of Bitcoin suggests that it may be due for a retest of the critical $60,000 support level. This prediction is based on technical and fundamental pressures, including the market's current fragility and the potential impact of macroeconomic uncertainty.

Market analysts are closely monitoring these factors, which collectively threaten to extend the ongoing crypto market downturn. The situation underscores the increasing sensitivity of digital assets to traditional financial and geopolitical shocks.