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Alex Dovbnya

Vinny Lingham warns of cascading liquidations if Bitcoin breaks $60,000

Venture capitalist Vinny Lingham warned on Monday that Bitcoin's hold above $60,000 could decide the fate of the current cycle. With BTC down 4.4% at $64,498, he flagged $64,000 as an immediate danger zone and $60,000 as the key support. He said a break below $60k could trigger violent liquidations and corporate treasury stress.