📉SHORT: $BTC

#BTCUSD | #BTC | #Bitcoin

Current Price $57280.00

Market Cap $1129.87B

Change 1h +0.46% | 24h -1.30%

Analysis:

Bitcoin is currently showing a bearish trend as indicated by the overbought RSI. The price is struggling around the resistance level of $57,281, suggesting a possible downward move. Given these signals, a potential drop looks likely. Going short seems to be a strategic call.

Price Targets:

Watch for initial resistance at $57,281. If the bearish momentum continues, anticipate a possible move downwards towards $55,687. Buckle up!