The $60k Bottom Debate: Coinbase CEO Claims the Floor is Locked, But Do You Agree? ๐จ
โBitcoin is kicking off the third week of July with solid structural stability, comfortably holding its macro position around the $64,100โ$64,500 range. As the weekly candle closes green, the ultimate debate across Binance Square today centers around a major statement by Coinbase CEO Brian Armstrong.
โThe Halving Cycle Debate:
โThe CEO's Call: Armstrong stated that despite June's brief slip to $59,743, the $60,000 level represents the definitive cycle floor for 2026, backed by supply scarcity and institutional ETF buffers.
โThe Market Skepticism: Community surveys show that 56% of traders still disagree, fearing a potential flush toward the realized price support near $53,600 if global tech stock indexes experience further pain.
โThe Technical Reality: Short-term order books are tightly compressed. As long as the spot price sustains above the $63,800 baseline, the bulls maintain an advantage to test the overhead liquidity sitting at $66k.
โDo you think $60k was the absolute bottom of this correction, or is there one last shakeout left? Let me know your bias! ๐
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