In the last 18 hours, BTC has dropped 6.35% and is currently at a crucial support level ranging between 57.7k and 58.8k.

If BTC breaks down below this range, a drop to 55k is likely. On the other hand, a rebound could push the price to test the resistance level.

Be cautious and trade safely.

Do your own research before investing.

#Crypto #BTC
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BTC Update:

BTC failed to maintain the support level as per our previous analysis. It dropped by almost 6.2% and has now rebounded from the 57k descending support trendline.

Will BTC make it this time? Most likely if it holds the support levels.

For now, let's keep a close eye on the 57k support and the rebound.

Make sure you do your own research and analysis before investing.

Trade safely.

#Crypto #BTC
bitcoinpriceBTCUSDbtcusdanalysisChart PatternsTechnical IndicatorsTrend Analysis

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