Bitcoin Holds Above $60K After Slide Below $62,500, with $61,200 in Focus

Bitcoin fell below $62,500 after failing to hold above $63,200, keeping price action under the 100-hour simple moving average. The decline pushed BTC to a low of $60,746, with traders watching $61,200 and $60,000 as key supports. On the upside, resistance is highlighted near $62,500 and $63,200, where a break could reopen a test of $63,500.