Bitcoin has recently faced a significant drop, currently trading at around $58,023.55 (-3.64%).
Looking at the 1D time frame, we see a critical support zone around the $52,000 mark. If BTC bounces off this support, we could see a bullish reversal targeting the key resistance levels at $66,928.96 and potentially $71,163.94. Key levels to watch:Support: $52,000Resistance 1: $66,928.96Resistance 2: $71,163.94A strong bounce from support could trigger a rally, pushing BTC back towards the $70,000 zone and beyond. Stay tuned for further updates! 🚀
