Market Outlook: Will Bitcoin Continue Its Upward Trend?**Yesterday, we analyzed the pullback from the 5W7 resistance to the 5W4 level, which has unfolded as anticipated. While there's potential for more gains, it's crucial for $BTC to firmly establish itself above $58,500. If it fails to break past previous highs, we could see the formation of a minor double top, which might trigger a pullback. It's best to hold off on long positions for now and wait for a clear and strong signal before making a move.As for Ethereum, we previously warned about possible panic due to large-scale currency transfers, and indeed, its drop has been sharper than Bitcoin's. If you're holding ETH, you might be in a good position.Plus, we're hosting a 200 USDC giveaway! Ten lucky winners will each receive 20 USDC. To participate, simply click the quote comment button below, share your thoughts on the current market trend, and you'll be entered into the draw.*Disclaimer: This post may include third-party opinions and is not financial advice. Sponsored content may also be included.*#BTC #Write2Earn #BullBanter #MarketDownturn