#Bitcoin has turned its head down again and is currently trading below $58,500.
I would like to remind you again that the $58,000 support level is critical. But for now there seems to be no danger, it is currently making a pullback to the support level, that is, a re-test. It is a normal situation for now.
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If the price of #BTC falls below the $58,000 support and makes a 4-hour candle close below this critical support level, our 63K-64K price target based on the TOBO formation may be canceled.
If the 58K support level works, the TOBO price target will still be valid. $BTC
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