A new report has identified $60,000 as Bitcoin’s key support level and $82,000 as critical resistance, suggesting the world’s largest cryptocurrency remains trapped in a defined trading range with asymmetric risks on either side.
According to the exchange’s BTC Practical Playbook, the densest historical demand cluster sits near $60K, while supply pressure concentrates around $82K. When combined with options-market gamma exposure data, these levels reveal how hedging flows could shape price action.
Analysts noted a pronounced negative gamma band between $60K and $70K, meaning dealer hedging may amplify selling pressure if Bitcoin falls toward support. Conversely, positive gamma pockets near $85K and $90K could dampen rallies, increasing the likelihood of consolidation rather than sharp breakouts.
Four Key Trading Scenarios
The report outlined four tactical paths for BTC:
- Rejection at $82K: favors bearish option spreads
- Breakout above $82K: favors call spreads toward $85K–$90K
- Drop to $60K then reclaim: favors asymmetric long positions
- Break below $60K: signals deeper bearish regime
Why $60K Is More Dangerous Than $90K
Gamma positioning effectively turns options dealers into hidden liquidity providers. In positive gamma zones, they buy dips and sell rallies, stabilizing prices. In negative gamma zones, the opposite occurs creating feedback loops that can accelerate moves.
This structure means Bitcoin’s path toward $60K carries higher risk of sharp overshoot and liquidation cascades, while upside toward $90K is more likely to grind and stall, the report concluded.
