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Bitcoin faces volatility as deposits to exchanges hit multi-month highs, signaling potential price drop below $60K.

Market News
24 Jun 2026
AMBCrypto
View Source
Bearish
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Bitcoin is showing signs of potential volatility with growing concerns about maintaining the $60,000 level. Deposits of Bitcoin into exchanges have surged to multi-month highs, a pattern historically linked to price declines below key psychological levels. Long-term holders are also moving their coins, which could increase selling pressure. Traders are positioning to exit if Bitcoin falls toward the $59,000–$60,000 range, while a rally to $65,460 remains possible if bullish momentum returns.

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