$BTC at a Crucial Moment: Breakout or Breakdown?
Bitcoin ($BTC) is holding at $56,500, but buyer activity is noticeably absent. The EMA indicator suggests a potential price dip, with $BTC possibly falling to $53,000, its lowest point this month.
The coming hours will be critical in determining $BTC's direction. If the support level fails, further declines are possible. The lack of buying pressure is a growing concern, making the short-term outlook uncertain.
