![Bitcoin-Below-60K-in-a-‘Funding-Reset-Move-Tests-Key.png Bitcoin Below $60K in a ‘Funding Reset’ Move, Tests Key Support: Experts](https://cryptotoptrends.com/wp-content/uploads/2021/11/Bitcoin-Below-60K-in-a-‘Funding-Reset-Move-Tests-Key-678x381.png)
Bitcoin fell below $60,000 during mid-European hours, before press time, extending early weakness. Analysts said a pullback was expected and has normalized the elevated funding rates or costs associated with holding long positions in the perpetual futures market.
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