Bitcoin Analysis 🟣📊
Bullish scenario: If the price can hold above the support area (around $61,000 - $60,500) and regain the upward momentum, Bitcoin could witness a breakout of the sideways range and test higher levels.
Bearish scenario: If the current support levels are broken and the decline continues, we could witness a pullback towards lower levels such as the EMA(99) which is located at $45,090. It is preferable to monitor the next move carefully, especially with the increasing bullish or selling momentum and the emergence of clear signals from trading indicators.
