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Sjuul Follings highlights that Bitcoin has established a reliable support level, with prices holding above $60,000.
According to Follings, each time the price dips to this level, buyers step in and Bitcoin bounces, raising questions about whether a market bottom has been reached.
Follings has recently commented on the large valuation gap between OpenAI at $852 billion and WorldNetwork at $2 billion, both companies started by Sam Altman, in a prior report. He also noted increased short-term trading activity on Solana meme token BDdzUjksj1J4bSnMveQ5tV9Up8A9c6YS1tHrxNw3pump in a separate post. These observations add context to his latest focus on key Bitcoin levels.