đ„ JUST NOW: 4-hour BTC/USDT chart a key decision point for Bitcoin.
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The price has recently broken below a key ascending trendline and is currently testing a significant support level around $58,354, marked as "4h Support LQ Low." This zone also aligns with a psychological level near $60,000. we already predict this move if you following our analysis you know.
A failure to hold above this support could see Bitcoin heading towards lower levels, with major support around $56,000 to $54,250, which is highlighted as a crucial area to maintain the bullish structure.
If the $52,250 support fails, it could invalidate the current support and potentially push the price down to $44,000. Conversely but..., reclaiming higher levels near $60,427 and breaking above $62,018 could signal renewed bullish momentum, aiming for resistance near $65,641.
Monitoring these levels will be critical to anticipate the next move in Bitcoin's price action.
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