Daily Update:
Quick Take:
In the near term, a dip to test the $57,000 support zone seems likely, which could shake out some liquidity before another bullish bounce—maybe on the third test of the trend wedge pattern. Keep an eye on $56,100, as it might act as a crucial support (Tenkan M).
If Bitcoin can’t hold the $56,000 line, brace yourself for a potential drop to the $48,000 area! ⚠️