ASLAM ALLAIKUM
*BTC Price Analysis*
- A bearish flag pattern has formed, indicating a potential further price drop.
- The price crashed from $65k to $58k, failing to bounce back from the expected $60k level.
- Two key support levels to watch:
- $58k: First bounce expected, potential short-term recovery.
- $54k: Strong support level, potential long wick candle forming, which could lead to a further drop to $51k.
- If the price reaches $54k, a drop from the current level is possible.
- Traders and investors should be cautious and prepared for potential further volatility.