Start now →

Market analyst sees further Bitcoin downside, flags $60K as key level

By Cointelegraph by Marco Castrovilli · Published March 20, 2026 · 2 min read · Source: CoinTelegraph
BitcoinMarket Analysis
Market analyst sees further Bitcoin downside, flags $60K as key level
Giovanni PigniWritten by Giovanni Pigni,Staff WriterSam BourgiReviewed by Sam Bourgi,Staff Editor

Market analyst sees further Bitcoin downside, flags $60K as key level

15 minutes ago

In the latest Cointelegraph interview, professional trader Alessio Rastani warns that Bitcoin could fall below $60,000 before a meaningful bottom forms.

Cointelegraph YouTube

  Subscribe

Cointelegraph in your social feed

Subscribe on   Join our            

Professional trader Alessio Rastani is back with a fresh market update, and the key question remains: has Bitcoin (BTC) already found its bottom — or is the real move still ahead?

In this latest interview, Rastani revisits his previous outlook and explains why his view has shifted as price action unfolded. While Bitcoin managed a short-term recovery earlier this year, he argues that the structure of the recent bounce is not yet convincing enough to signal a sustained uptrend.

In fact, he warns that the probability still favors another move lower, potentially below the $60,000 level, before a more meaningful bottom forms.

But that’s only part of the picture.

Rastani highlights a range of key levels he’s closely watching, suggesting that even if Bitcoin does break lower, the downside may be more limited than many fear. According to his analysis, major support zones could emerge between roughly $59,000 and $46,000, where conditions may become increasingly attractive for longer-term opportunities.

At the same time, he remains skeptical that Bitcoin will reach new all-time highs in 2026, pointing instead to a more delayed recovery timeline.

Beyond crypto, the conversation expands to the broader macro landscape. Rastani shares his outlook on the stock market, noting a possible top forming in the coming months. He also explains why relying too heavily on fixed frameworks, such as the four-year halving cycle, can lead investors astray in unpredictable markets.

If you want to understand where Bitcoin could be headed next — and where the real opportunities might lie — check out the full interview on our channel and don’t forget to subscribe! 



This interview has been edited and condensed for clarity.

This article was originally published on CoinTelegraph and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].

NexaPay — Accept Card Payments, Receive Crypto

No KYC · Instant Settlement · Visa, Mastercard, Apple Pay, Google Pay

Get Started →