ETF Analyst Puts a $60K Floor Under Bitcoin as the Nvidia Selloff Rattles Markets

Three Things to Know ETF analyst Eric Balchunas sees a Bitcoin base forming in the $60,000s after the Nvidia-driven selloff. Daily momentum sits deep in oversold territory, yet sellers still control the trend. A nearby support level is the last cushion before his floor gets a real test. Senior ETF analyst Eric Balchunas has dismissed the latest market rout as one more recurring panic. He expects Bitcoin to find its footing in that range. The call lands after a bruising week for crypto, with tech stock weakness spilling into digital assets. His floor sits close to where Bitcoin trades now. Traders want to know whether buyers will defend that zone or let sellers push through it.

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