Bitcoin Cash Eyes $58K: Bullish Sentiment Grows 🚀Short-

Term Outlook 📈

Bitcoin has been battling billion-dollar liquidations below $62K. The key support level sits between $60K and $61K. Breaking below could lead to a dip to $56.5K - $58K.

Analyst Josh from Crypto World notes that Bitcoin's RSI is in the oversold zone, indicating a potential bounce or sideways movement.

Resistance Levels 🛡️

Watch for resistance at $63K-$64K and $67K-$68K. For a bullish reversal, Bitcoin needs to break $64K.

Positive ETF Flows 📊

Bitcoin ETF inflows of $31M hint at renewed investor confidence, adding to the bullish sentiment.

Bitcoin's future might see a bounce or sideways consolidation. Stay alert to key resistance levels and market signals!

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