🤔 Bitcoin Tests Support: Will Bulls Hold the Line? 🤔

Bitcoin's downtrend continues as it nears the predicted $60,000 support zone. A sharp drop below this area (indicated by the wick) suggests potential stop-loss hunting and forced selling.🟥 However, a positive sign is the price bouncing back above $60,000. We might see some consolidation before the next move.

Here's what to watch: 👀👀

Support Holds: If the daily candle closes above $60,000 for $BTC , it could signal a potential reversal.

Support Breaks: A daily close below $60,000 would be a #bearish sign, suggesting further downside.

What's Your opinion on #Bitcoin ?