#BTC  Big Alert.

Bitcoin Death Spiral Begins...

Currently at $56,400, Bitcoin ($BTC ) has fallen below the key $55,500 level. If buyers delay their actions, the price could fall further. $55,000 is the next important level to watch. A further drop to $52,500 is possible if BTC falls below $55,000. However, $$BTC could reach $58,700 if it recovers and breaks above $56,500. The direction Bitcoin price takes in the coming days will be crucial. Investors should keep a close eye on these levels.