Bitcoin dropped to the support area and bounced from there.

Bitcoin dropped to the support area and bounced from there. As expected, BTC is moving sideways at the support area. Less volatility is expected over the weekend.
$BTC 

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SCR Analysis : SCR recently got listed in binance and currently reacting from the support zone of $1.20 -$1.22 and also getting into the channel again. Price looking bit unclear and buy looks good after the $1.32 get H4 closure. $SCR

Price is currently trading in a sideways pattern, and this movement may continue over the weekend. There have been no significant changes in Bitcoin, and a clear direction has not yet emerged. $BTC

Bitcoin is continuing its upward movement and has tested the resistance area. However, there was a sharp rejection at the resistance area, leading to traders taking profits. This correction is considered healthy and we may expect some sideways movement now. Support Area: $59,500-$60,000 Resistance Area: $64,500-$65,000

Bitcoin has failed to hold the support area and is now trading below it. If the price is unable to reclaim the support area, we may see a continuation of the downtrend. Please use tight stop loss in all open trades. Support Area: $56,500-$57,000 Resistance Area: $60,000-$60,500

Bitcoin is experiencing a downward trend but is currently maintaining support. There is no need to panic as BTC is holding its support. Let's observe how the price behaves in the upcoming weeks.

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