Bitcoin News: Bitcoin Price Risks Drop Toward $58K as BTC Prints Fresh Death Cross

Bitcoin is facing renewed downside pressure after failing to hold a key breakout, with technical signals now pointing to a potential move toward sub-$60,000 levels, according to multiple analysts. BTC slid to eight-day lows near $90,000 on Tuesday as markets digested rising geopolitical tension and weakening technical structure, putting bulls back on the defensive. Key takeawaysBitcoin has re-entered its multi-month trading range after a failed breakout attemptA new weekly death cross has formed, historically associated with macro bottomsAnalysts warn BTC could revisit $58,000–$62,000 if support failsBitcoin breakout fails as price slips below key levelsData from TradingView shows BTC retesting the $90,000 zone ahead of the week’s first full Wall Street session, after briefly attempting to break higher earlier this month. The pullback coincides with renewed global risk aversion as US-EU trade tensions re-emerge, tied to Washington’s proposed tariff actions involving Greenland source: https://www.binance.com/en/square/post/35333606973041?utm_source=BinanceNewsRSS