Bitcoin’s Historical Bottom Indicator Points to $62K – Could BTC Fall That Low? - Stock Watch Index

Bitcoin’s Historical Bottom Indicator Points to $62K – Could BTC Fall That Low?

January 29, 2026

Bitcoin is approaching a historically important support zone near $62,000, as a long-tracked reserve-cost indicator tied to Binance signals that BTC could see more pain ahead.The $62k reserve cost level has not been tested since the approval of U.S. spot Bitcoin ETFs in January 2024, raising fresh questions over whether …

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