Bitcoin investors who purchased the cryptocurrency in the last two years are largely facing unrealized losses, with $60,000 emerging as a crucial support level. According to a CryptoQuant analysis, if Bitcoin falls below this threshold, selling pressure could increase as short- to mid-term holders may cut their losses. However, long-term holders remain profitable, providing some stability to the market. The analysis, using UTXO age bands, highlights that investors holding Bitcoin for 3 months to 2 years are particularly vulnerable at current price levels. These cohorts have limited profit buffers, making them susceptible to losses if prices decline further. Analysts warn that breaching the $60,000 support could lead to heightened market volatility as investors seek to mitigate losses.