$BTC Technical Analysis
Bitcoin has got rejected from the 58500$ resistance price zone, it will test it again soon or may be it will go little bit higher near 59000$ to 59500$. But the trend will remain in downward direction if it got rejected from 59000$.
If this rejection took place bitcoin may fall to 52000$, and this will form bearish chart pattern on 1-2hrs timeframe that will indicate that the bitcoin price may fall to 48000$.
Im expecting 48000$ as a reversal zone for bitcoin, bitcoin might get pump from there and we may see 60k$ again.
