Analysts warn Bitcoin could slide toward $60,000 after losing $75K–$76K support

Bitcoin traded around $75,800 at publication, down nearly 40% from the roughly $126,000 peak set in October 2025. After BTC dipped under the $75,000–$76,000 support band, Michaël van de Poppe said a move toward $60,000 is possible unless price climbs back to at least $76,600. Other analysts pointed to mixed signals, including CME futures gaps above spot and BTC trading below key EMAs.