Bitcoin Reclaims Key $60,000 Level As Analysts Flash Buy Signals Across BTC, Ethereum, XRP, Solana
Bitcoin Reclaims Key $60,000 Level As Analysts Flash Buy Signals across major cryptocurrencies as BTC returned to $60,000 and lifted prices broadly. The report cited Coinglass data showing 97,328 traders liquidated over the prior 24 hours for a total of $398.51 million, alongside SoSoValue figures indicating net outflows of $222.6 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net outflows of $27.6 million. Analysts referenced technical signals, with chart analyst Ali Martinez saying monthly charts for Bitcoin, Ethereum, XRP and Solana are flashing Tom DeMark (TD) Sequential buy signals, which are often linked to trend exhaustion and potential reversals. Traders also noted historical patterns that Bitcoin bear markets have tended to bottom about a year after beginning, though others warned outcomes are not guaranteed. One trader expected short-term relief after liquidations, while maintaining a bearish longer-term view.




