Bitcoin price continues to consolidate around the $60K level. 📉 The daily chart shows that the price failed to confidently return above $60K after a sharp pullback from the 200-day moving average at $63K.

The 4-hour chart shows that the price is testing an important bullish trend line. If it holds, growth above $60K is likely. However, a breakout of this zone may lead to a fall to $57K and even $53K.

The futures market is showing bearish sentiment, but this may mean that the market is no longer overheated and a steady growth is possible with sufficient buying pressure. 🚀