Bitcoin price has been falling rapidly lately and is breaking below 60K, an important support level. 😱 According to technical analysis, Bitcoin appears to have fallen below its 200-day moving average of 58K. This is a very concerning situation, as Bitcoin is falling below the 200-day moving average, which is known to keep the price in bull markets. 📉 If the 57K support level does not prevent further declines and the price does not rise above the 200-day moving average, a deeper decline may become possible. However, there may be a recovery towards the 60K level in the short term as the RSI indicator has entered the oversold zone. 🤔 So, do you think Bitcoin price can recover? We are waiting your comments! 💬#Bitcoin#Cryptocurrency