Bitcoin price targets extend down to $58K as BTC prints new death cross

Bitcoin failed to break out from its macro trading range, according to analysis, with new BTC price targets including a return to sub-$60,000 levels.

Bitcoin (BTC) slid to eight-day lows on Tuesday as macro headwinds gave bulls new headaches.

Key points:

Bitcoin toyed with the 2025 and 2026 yearly opens after a “failed” breakout from its multimonth range.

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