“Bitcoin (BTC) price has been hovering between $55,000 and $58,200 for almost a week now, with the 200-day EMA at $58,000 remaining stubborn resistance. Despite low trading volume, BTC price rose 0.36% to $57,841, indicating an ongoing period of consolidation 📉 Several attempts to return to this level have not led to a broader price trend. Instead, BTC has been “cutting” below this “key SR zone” for about seven days. Large investors continue to accumulate BTC, seeing the recent decline as an opportunity to increase their holdings. "