Currently,#Bitcoinis showing signs of weakness, on the verge of breaking through an important support level. As you can see on the chart, the price has broken the ascending trendline and is heading towards key support levels.
đ Technical Analysis:
Support levels: $57,758, $55,833, $53,952.
Important resistance levels are in the $61,000-$64,000 range.
The Ichimoku Cloud is above the current price, indicating a possible bearish trend.
đ„ Liquidations: The liquidation map shows a significant accumulation of liquidations in the $58,000-$60,000 area, indicating increased risk for long positions in this range.
đŻ Conclusion:#Bitcoinis in the risk zone, and for đshort positions the current moment may be attractive, especially if the price drops below $57,758. At the same time, for đąlong positions, it is necessary to wait for the formation of a stable support level in the region of $55,833 or lower.
