🔍 $BTC has reached a crucial support level around $60,000. This area could act as a floor for the cryptocurrency, potentially leading to a bounce-back if buyers step in.
If Bitcoin and $ETH can reclaim their 100-day Exponential Moving Averages, it would be a bullish signal, indicating the possibility of further price appreciation.
However, if the support fails to hold, we may see a deeper correction in the crypto market. Traders and investors will be closely monitoring the price action in the coming days to gauge the next move.
