$BTC BTC/USDT Analysis

_Current Price:_ $60,800.66 (-1.14%)

_Scenarios:_

1. _Bullish:_

- Major Resistance: $61,875, $62,500 (psychological level)

- Target: $63,500 - $65,000 (uncharted territory)

2. _Bearish:_

- Major Support: $59,500, $58,000

- Target: $57,000 (previous swing low)

_Key Points:_

- Bullish outlook relies on breaking major resistance levels

- Bearish outlook relies on breaching major support levels

- Risk management essential in volatile cryptocurrency market.

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