Bitcoin price descending channel and loss of momentum could turn $60K to resistance Post author:MiamiCrypto Post published:October 31, 2021 Post category:Bitcoin Futures / BTC Options / cftc / Coinbase / deribit / derivatives / Markets / Regulation / Russia / skew After a slight hiccup in BTC futures premium, traders seem comfortable despite the $58,000 support retest and the risk of $60,000 turning to resistance. You Might Also Like Bitcoin drops below $90K as selloff triggers $580 million in liquidations January 20, 2026 Cloudflare forecasts slower growth, disappointing AI-focused investors May 9, 2026 Spot gold reaches record high of $3,833 with nearly 2% gain September 29, 2025