$BTC is currently in a consolidation phase between 56,958 USDT and 58,570 USDT. A break above 58,570 USDT could see a retest of the key resistance level of 60,000 USDT. A successful breakout above this level could push the price higher, possibly towards 61,000 USDT, indicating renewed bullish momentum. However, if Bitcoin fails to break higher and instead drops below 56,958 USDT, the price could continue to decline, potentially falling to 53,400 USDT. This would suggest that sellers are in control and a deeper correction could be imminent. The next move will depend on whether buyers or sellers have the upper hand as BTC approaches these key levels.
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