Today Bitcoin had a bit of a rollercoaster ride. It started the day around $58,605, which is slightly up from where it was last Monday. But over the past 24 hours, it dropped by about 1.69%, settling at roughly $58,733.
I’m keeping an eye on some critical resistance levels at $59,748 and $62,166, while the support is around $57,330 and $53,888.
There are a few economic events this week that could shake things up, like the Euro Area CPI data and the release of the U.S. Federal Reserve's FOMC minutes. Depending on how these play out, we might see some shifts in Bitcoin’s price.
Overall, it seems like Bitcoin is holding steady for now, but there’s potential for movement as the week unfolds. #BTC☀ #BecomeCreator #cryptoupdate2024 #bitcoin☀️ $BTC