Bitcoin Near $60K As Liquidation Risks Mount

Bitcoin has returned to an area some analysts consider attractive after its drop below 65000 dollars. However a lower valuation does not automatically create a floor. Between the withdrawal of capital and still open leveraged positions, the market could first be drawn towards 60000 dollars.

In brief

Below 65000 dollars, Bitcoin becomes attractive again without being protected

Bitcoin fell to about 62500 dollars on November 14, its lowest level in three months. It thus lost 17% in a week, while Ether, XRP and Solana each lost nearly 22%.

Analyst James Check describes this region as a “deep value zone”. BTC had already entered it in February and at the end of June 2026, as well as during the crypto winter of 2022.

This observation is based in particular on the losses realized by recent investors, who are now selling bitcoins bought much higher.