🚨BTC UPDATE🚨

Bitcoin is currently trading around our support area at $58,000. With liquidation potential almost equal on both sides, a 5% price move either way could spark a significant move. Therefore, it is too early to tell whether Bitcoin will go up or down. However, the odds of breaking this support level are slightly higher than breaking resistance, especially considering that September has historically been negative for Bitcoin. In addition, we have also seen some selling on Bitcoin ETFs in recent days. On the other hand, there are also some bullish events to consider, such as the possibility of interest rate changes, news about CZ, and the upcoming event in Singapore.