![Bitcoin (BTC) Price Tumbles Below $61K, Ether (ETH) Below $3K CoinDesk Market Index (CMI) sector performances (CoinDesk)](https://btcusa.com/wp-content/uploads/2024/04/Bitcoin-BTC-Price-Tumbles-Below-61K-Ether-ETH-Below-3K-678x381.jpg)
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“If bitcoin can hold above this level, it keeps the direct focus on that next push to a fresh record high and towards $100,000,” Kruger said. “If on the other hand we see more downside pressure that translates to a breakdown below $59,000, this will delay the short-term bullish outlook and open the door for a more meaningful correction into the $45,0000-50,000 area.”
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