The $60,000 Support: An Impregnable Fortress?
In an explosive macroeconomic context, where fears of a global conflict (“World War III”) dominate headlines, investors typically rush toward gold. Yet this time, Bitcoin refuses to collapse. Against all expectations, the price has maintained itself above the major psychological support of $60,000, currently trading around $69,470 (+1.42% over 24h).
Jan van Eck, CEO of asset manager VanEck, however tempers the enthusiasm. He reminds us that BTC remains down more than 50% from its ATH of October 2025 (around $126,000). According to him, 2026 is part of a classic correction phase in the four-year cycle. This current movement would therefore not be the beginning of a new massive bull run, but rather the formation of an “early bottom.” This is a positive signal, certainly, but one that calls for extreme caution.
The main risk remains correlated to external shocks. If tensions lead to a major oil shock — the dreaded “big wave” — Bitcoin could once again correlate with risk assets and test the strength of its supports. For now, the market is breathing, but the underlying trend remains fragile as long as volumes don’t explode to the upside.
Can Bitcoin Break the $68,000 Resistance?
From a technical perspective, the current price structure shows healthy consolidation. Maintaining above $65,000 is crucial. As long as this level is defended by the bulls, the scenario of a gradual recovery remains on the table. Momentum indicators, like the RSI, suggest that the asset is not yet in overbought territory, leaving room for a short-term bullish push.
According to traders Killa and DrProfit, Bitcoin is bullish for the coming weeks. The former targets $71 to $75,000, while the latter aims for between $78 and $88,000. The zone between $74 and $80,000 will therefore be crucial to watch in case of a rebound and breakout. Because a bearish reversal is quite possible there.
Traders are also closely monitoring mining stocks like MARA Holdings (+5.70%), which often lead the way before the spot market.
The market is at a crossroads. While the resilience of $60,000 is a powerful technical signal, the absence of an immediate bullish catalyst calls for patience. Traders must watch the weekly close: would a confirmation above $68,000 finally validate the end of the correction?
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