Bitcoin Long-Term Rally "Broken" Until Above $85,000, Deribit CCO Says

Bitcoin's long-term rally remains "broken" until the market reclaims $85,000, Deribit Chief Commercial Officer Jean-David Péquignot said at Consensus Hong Kong. He identified $60,000 as key support, noting that a close below this level would shift focus to the 200-week moving average near $58,000. Péquignot described the $58,000–$60,000 range as ultimate support.