**🚨 BTC ALERT...!!! BIG BREAKING... 🚨**
Bitcoin ($BTC) recovered more than anticipated from $49,050 and is currently moving into a well-known range, close to the 200MA line, with a potential gap fill at $59,000. Strong purchasing pressure is necessary for a reversal; otherwise, sellers will continue to dominate.
I have invested in smaller currencies that perform well in this market, such as WIF and ONDO. Bitcoin faces resistance at $59,600 (200MA) and $59,300 (previous support). If it fails to breach these levels with significant momentum, the downward trend might persist. Reversing this trend will require substantial purchasing power.