Bitcoin gets new $54K warning as BTC price hits 11-day low on Asia tech sell-off Bitcoin analysis warned of “new lows” as Asia markets dropped up to 10% and BTC price action dipped below $62,000 for the first time in nearly two weeks.
Bitcoin (BTC) neared two-week lows on Tuesday as Asia stock markets pulled back on a tech sell-off
Key points: – Bitcoin heads lower with Asia equities as “unprecedented inflows” become a tech-driven rout. – Analysis warns of “new lows” for BTC price, with one target at $54,000. – Options markets continue to seek a suitable catalyst for volatility. BTC price dips under $62,000 as Korea stock market drops 10% Data from TradingView showed local lows of $61,860 for BTC/USD, a level last seen on June 11. BTC/USD four-hour chart.