Bitcoin Price Analysis: BTC at $60,113 Tests Critical Support Ahead of $10.5B Options Expiry

FAQ

What is the Bitcoin price today?

Bitcoin trades at $60,113 as of June 26, 2026, down 2.4% over 24 hours and 3.9% on the week, testing its 200-week moving average near $62,457.

What is the $10.5 billion options expiry?

Today’s Bitcoin options expiry is valued at approximately $10.5 billion with a max pain level of $74,000. Large expiries can drive elevated volatility as positions settle, though analysts note the $74,000 figure is less relevant given price trades far below it.

What are the key Bitcoin support levels?

Immediate support is $59,000, with major support at $55,000 and the cycle level at $50,000. The 200-week MA at $62,457 is the key reclaim target on the upside.

Why is Bitcoin falling?

Bitcoin is pressured by a seventh week of ETF outflows, a recent $397 million liquidation flush, a hawkish Fed, and a strong dollar. The ETF outflow trend is the dominant structural factor.

Are institutions buying Bitcoin?

Corporate buyers continue accumulating, with Strategy adding 520 BTC and Strive 759 BTC recently, partially offsetting the ETF redemptions.

This article is for informational purposes only and does not constitute financial advice. Cryptocurrency is highly volatile. Always do your own research.