Bitcoin (BTC) Price Correction Could Dip Below $60,000 as Market Analysts Remain Cautious
After witnessing a brief dip to $65,500, the price of Bitcoin (BTC) has managed to rebound, gaining 3% in the past 24 hours and making another attempt to surpass the $67,000 mark. Despite this small victory, experts in the market remain cautious, suggesting that the price correction may not be complete and that BTC could potentially see a further dip below $60,000 before continuing its upward rally.
Henrik Lindqvist is our DeFi and on-chain reporter, splitting his time between Stockholm and London. A former software engineer at Klarna, he switched to journalism in 2021 and has since broken stories on MEV exploits, restaking risks and Layer-2 economics. Henrik writes the BTCNews weekly Layer-2 newsletter and has lectured on blockchain architecture at KTH Royal Institute of Technology.
