Bitcoin (BTC) is trading at $60,364 on Thursday, holding steady near the psychological $60,000 support level.
The price action indicates a period of consolidation for the leading cryptocurrency, following a broader decline that has seen the asset fluctuate in the low-$60,000 range over the past week.
04%. This narrow trading band suggests that selling pressure has eased, but buying interest remains cautious.
The digital asset has found temporary footing in this zone, halting a sharper downward trend.
On Wednesday, BTC traded at $62,689, marking a modest recovery of 0.59% from the previous session.
Prior to that, on Sunday, the price was recorded at $60,334, showing only a marginal gain of 0.04%.
This narrow trading band suggests that selling pressure has eased, but buying interest remains cautious.