Analysts predict Bitcoin will break below key support levels of $75,000 to $76,000 and could potentially fall further to $60,000.

CoinFeed reported on May 24 that crypto analyst Michaël van de Poppe stated that Bitcoin could fall to $60,000 after breaking below the "key" support zone between $75,000 and $76,000. He added, "If Bitcoin can break through $76,600, that would be an excellent area for strong upward momentum. But for now, remaining conservative is a wise move."