Trader Dismisses ‘Fearful’ Bitcoin Outlook After Re-Testing $60,000 Mark

Bitcoin still maintains a “bullish market structure” after another retest of the $60,000 support level, according to recent analysis. Trader and analyst Rekt Capital dismissed the “fearful” market sentiment surrounding the current price action of BTC, which is at $60,779.26, in one of his latest updates on X. Rekt Capital emphasized that Bitcoin is familiar with the $60,000 mark as a fundamental psychological level, stating that returning to test it from above is no reason for concern. Bitcoin (BTC/USD) has experienced a drop of approximately 6% over the past three days, having previously reached two-month highs above $66,000, according to