$BTC Update
As we follow it's trend, $BTC Downtown Trend from last 4 hours and if its Break Strong Support 54,891 Then it will Go Down more as well.
Based on the technical analysis of $BTC /USDT, the current price is $55,105.70, down 5.14%, with a 24-hour high of $58,104.00 and a low of $54,260.16. The trading volume is 27,230.20 BTC and 1.53 billion USDT, indicating significant market activity.
Investors should consider a long position if the price breaks above the resistance level of $58,104.00, targeting a rise to around $60,000. Conversely, a short trade could be initiated if the price falls below the support level of $54,260.16, aiming for a downside target near $53,485.93.