Coinbase Analysis: Bitcoin Could Slide to This Key Level Before Bounce

Bitcoin’s brief rebound above $66,000 following U.S. President Donald Trump’s State of the Union address has done little to shift the underlying market structure, with fresh analysis from Coinbase Institutional pointing to a critical support zone near $60,000 that, if broken, could trigger accelerated selling. The combination of options market dynamics and on-chain data suggests the path of least resistance remains l…