Coinbase Flags Key Bitcoin Zones — Why $60K and $90K Could Define the Next Move
CCN
Coinbase highlights $60,000 as critical support and the $85K-$90K range as resistance, defining Bitcoin's current market structure.Summary
Coinbase Institutional has identified $60,000 as a crucial support level, warning that a breach below it could trigger accelerated selling towards $50,000-$53,000 due to negative gamma amplifying downside momentum. Conversely, the $85,000–$90,000 range exhibits positive gamma, which tends to pin prices and limit sharp rallies, with $82,000 acting as immediate resistance. This derivative-driven structure, reinforced by on-chain data showing institutional selling and ETF outflows, suggests Bitcoin is range-bound under $70,000. Consequently, Coinbase has shifted its Q1 2026 outlook from cautiously optimistic to neutral, reflecting limited upside potential against significant downside tail risk.
(Source：CCN)