🔻 $BTC /USDT Analysis Update 🔻

Bitcoin is currently trading at $60,104, down 0.90% in the past hour. The chart reveals a falling wedge pattern, which often indicates a potential bullish reversal. This pattern typically suggests that the selling pressure is decreasing, paving the way for a possible breakout.

🔑 Key Levels to Watch:

• Support: $59,828 – a critical level to hold to maintain the falling wedge structure.

• Resistance: $62,107 to $62,341, with a break above $63,000 needed for further bullish momentum.

Keep an eye on how BTC interacts with these levels. A breakout above the wedge could signal a significant move upward!