$BTC again down to 61k... Stuck between $60k-$62k from last 3 days.. Consolidation phase
The latest $BTC /USDT chart shows a notable pullback from a high of $61,149.58 to the current price of $60,875.50, down 2.15%. The 24-hour low of $60,301 indicates that a critical support zone is being tested. Traders should closely watch for further downward pressure, as a break below $60,842 could trigger more selling momentum.
However, if support holds, we could see a bounce toward the $61,000 level. It's essential to set stop-losses around these key levels and be prepared for volatility. Stay alert, as this consolidation could provide profitable opportunities for both long and short trades!
