Bitcoin's price is at a critical juncture as it retests key support levels. Mastering Crypto highlights bearish momentum, with Bitcoin's four-day chart showing a red Super Trend indicator. Currently trading between $60,200 and $61,200, a dip below $60,000 could lead to further drops to $56,000-$57,000.
However, if $BTC bounces off the current support, resistance levels lie at $63,000 and $64,500, with stronger barriers at $67,000-$68,000. The market also faces liquidations around $61,300-$61,700, potentially impacting further price action.
