[Michaël van de Poppe: Bitcoin May Drop to the $60,000 Range] According to Cointelegraph, Michaël van de Poppe stated that Bitcoin has fallen below the critical support range of $75,000 to $76,000. If it fails to reclaim above $76,600, the price may drop to $60,000. He mentioned that there are multiple CME Bitcoin futures gaps above, with the highest being over $79,000, and the market often turns bullish after a Friday pullback. Polymarket data shows a 51% probability of Bitcoin reaching $55,000 by 2026 and a 31% probability of dropping to $45,000. On-chain data indicates that 71% of the circulating supply is held by long-term holders, suggesting a limited likelihood of falling below $60,000. Matthew Hyland pointed out that Bitcoin has been rising for approximately 90 consecutive days since its February low, an unprecedented duration of upward movement during a bear market in history. Bitcoin is currently still below the 365-day and 200-day exponential moving averages and also fell below the 50-day moving average on Friday.