As I mentioned before

Building on our previous discussion, Bitcoin (BTC) continues to grapple with the rejection it faced around $73,777. The current price of $60,430.19 paints a bleak short-term picture, signalling a bearish trend.

On the technical front, there are several potential support levels that could come into play if the price continues its descent. These include $58,900, $51,578.21, and a zone ranging from $42,100.10 to $33,469.46. These levels represent areas where buying pressure might emerge, potentially halting or reversing the price decline.

🚫🚫Disclaimer🚫🚫

It's crucial to remember that this analysis is for informational purposes only and shouldn't be considered financial advice. Before making any investment decisions, conducting your own thorough research is essential. This should involve evaluating technical charts, market news, and expert opinions to form your own informed investment strategy.