Bitcoin Holds Above $73K Level Cited in a New Downside Scenario

Crypto Daily reports that crypto researcher Ali Charts sees bitcoin moving toward $60,000 if support near $73,000 fails. The outlet describes $73,000 as the level that would confirm the bearish setup and says the subsequent downside target is $60,000. This is a single-source technical scenario, with no additional outlet cited in the supplied coverage. At $75,848, bitcoin remains $2,848 above the referenced $73,000 support area. The current price is approximately 26% above the $60,000 target, while a move from $73,000 to $60,000 would represent a decline of roughly 18%. The analyst’s case is therefore conditional: retaining the cited support area distinguishes the scenario from the downside level being breached. Live data show bitcoin down 0.18% over 24 hours and 3.04% over seven days, with a market capitalization of $1.53 trillion. The broader crypto market is flat at $2.61 trillion, while the Fear & Greed index stands at 28, within the Fear zone. The immediate market focus in the report is the $73,000 support area; the $60,000 figure applies only if that level breaks. As a single-source analysis, the scenario has not been independently corroborated by another outlet in the supplied material.