Analyst predicts Bitcoin will decline further as it trades under $60,000.
Bitcoin trading under $60k suggests more downside or a red day ahead.
$BTC under $60k looks like more red day ahead https://t.co/kUj9vCYHeG
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +1.1% | -0.5% |
| 1 week | +6.8% | +3.7% |
| 1 month | +8.8% | +7.4% |
| 3 months | — | — |
| 6 months | — | — |