#BTC_MARKET_UPDATE : BTC broke below $59.3k, with sellers swiftly executing market orders on nearly every spot buy.
The daily close was at an impressive $60,672.
If we breach the current support level along with the moving average, previous chart predictions will be rendered invalid. The potential consequences could be significant and the market's response could be painful if that happens!
We're currently hovering around the support level, but there's strong support below at $48k-$52k range.
If we break below the current level, the next support zone becomes crucial.
Share your thoughts in the comments below!
