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Keep in mind that the German government is consistently selling Bitcoin, which is causing the current situation. If you have any positions, be cautious and stay vigilant. There may be further price drops, possibly down to around 57k to 56.8k. This is because Bitcoin failed to maintain the 58.2k level as I had anticipated.
Btc has surpassed the trendline resistance, but the breakout occurred with minimal trading volume, raising the possibility that it could be a false signal. Caution is advised. Nonetheless, if Btc manages to secure a daily close above 60,500, it may have the potential to reach 65k-70k in the near future. 🔥