$BTC Analysis:

The recent rejection at $61,100 has resulted in the 200 EMA serving as robust resistance. We forecast a potential decline to $56,000, where BTC may find a support level and initiate a bullish reversal.Nevertheless, today's market landscape is subject to change with the release of the highly anticipated 🇺🇸 USD - Core PCE Price Index (month-over-month) at *05:30*. This high-impact news event is likely to generate substantial market volatility, potentially influencing BTC's price trajectory.