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Bitcoin struggles at $60k, risking a drop to $55k amid weak inflows and high leverage.

Technical Signals
08 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin is currently testing support around $60,000 but lacks strong buying interest and institutional inflows, raising concerns about its stability. Despite a recent 4% bounce, technical and on-chain data do not confirm a solid bottom, with over 10 million BTC underwater and realized losses not yet at previous bear market levels. The market shows increased speculative positioning and leverage, which could lead to a bull trap and a potential drop toward $55,000. Investors should watch for whether bulls or bears gain control to determine Bitcoin's next move.

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