$BTC is currently around $60,266, and there are a few important levels to keep an eye on depending on whether it breaks up or down:
**Upside Potential**
The first resistance to watch is at $61,620. If BTC breaks through this, the next target to look for is $63,210.Clearing $63,210 could signal strong bullish momentum, potentially opening the path to $65,197 and higher.
**Downside Risk**
On the downside, the first major support is around $58,880. If BTC breaks below this, the next key level is $58,043. Should it continue to decline, $56,055 will be a critical support zone to watch before further downward moves.
These levels give a good indication of where BTC might be headed next, depending on the breakout direction.
