🚨 BTC / USDT Update 🚨
🔹 Bitcoin has broken the $59,400 lower range and lost its daily 50 EMA support, indicating a downward market shift.
🔹 Current Resistance: The main resistance area for Bitcoin now stands at $59,500.
🔹 If Bitcoin manages to break above this resistance, we could see an upward movement to the $61,600 range.
🔹 However, if the price fails to move above $59,500, the next support level is at $56,800.
📊 Market Analysis: Stay cautious and keep an eye on these key levels. We’ll be watching the market closely to provide further updates.
#Bitcoin #BTC #Cryptocurrency #TechnicalAnalysis #MarketUpdate #CryptoTrading #Investing #BTCUSDT
