🚨 $BTC Alert 🚨

Bitcoin has seen a sharp decline, currently trading at $59,515.63 (-2.91%). The resistance level at $62,000 remains a significant barrier, while the support around $58,000 is being closely tested.

This drop coincides with the recent release of the CPI inflation data, which has sent shockwaves through the crypto market. The higher-than-expected inflation figures have fueled uncertainty, leading to increased volatility across major cryptocurrencies.

As we move forward, traders should watch these key levels closely. A break below $58,000 could signal further downside, while a move above $62,000 may reignite bullish momentum.

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