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Prominent trader: If BTC falls below $60,000, it may further dip below $57,000 in August.

2026.08.14 19:33:37

Prominent crypto trader Killa noted in a post that Bitcoin has been in a steady downtrend leading up to August 14, with the key focus now being whether it can hold its current trading range and stay above $60,000. He believes that if BTC continues to trade above $60,000, a short-term low may form near the current price zone. Conversely, if BTC breaks below $60,000 and loses its current range, the likelihood of further declines over the remainder of August will rise significantly. A break below $60,000 from its current position could push BTC down to below $57,000. On the flip side, if Bitcoin retains its technical structure after August 14 and reclaims the $61,000 to $62,000 level, Killa predicts it may rebound within its range for the rest of the month.

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