📊NEUTRAL: $BTC (1D)

#BTCUSDT | #BTC | #Bitcoin

Current Price $57101.00

Market Cap $1127.26B

Change 1h -1.00% | 24h +0.84%

Daily Indicators:

‱ RSI: 41 - Neutral 🟠

‱ MACD: -876 - Bearish 🔮

‱ EMA: 59885 - Below 🔮

Analysis:

This BTC/USDT 1-day chart shows cautious optimism. The critical support level of $52,408 seems vital; maintaining above it could drive a rebound. Current price movement suggests a focus on the lower part of the descending channel.

Price Targets:

If the bounce happens, expect a potential rise towards $70,000 to challenge the upper resistance line. On the lower end, falling below $52,408 may trigger further declines.

$BTC #btc