Bitcoin is currently testing a crucial support level around $62.6K. The chart indicates BTC has been trading within a downward channel and appears to be breaking the support line. This could trigger a retest of the $60K zone. If the market fails to reclaim support soon, a further decline seems likely.
Key Levels to Watch:
Support: $60.5K
Resistance: $63.5K
With volatility on the rise, staying alert is essential. Whatâs your strategy moving forward?
