๐Ÿšจ Bitcoin analysis now โ€“ are we seeing a drop before the rise?@BTC -

Currently, the price of Bitcoin is moving in a very sensitive area after the recent failure to break through the strong resistance zone near $71,000.

It's clear on the chart that the price tried to rise multiple times but was met with resistance and rejected, indicating that the market is still under short-term selling pressure.

๐Ÿ“Š Current important levels:

๐Ÿ”น Main resistance:
70,000$ โ€“ 71,500$

๐Ÿ”น Near support:
65,000$

๐Ÿ”น Stronger support:
60,000$

๐Ÿ”น Worst-case scenario:
If the 60K area is broken, we may see a quick drop to 52,000$ before the market starts to consolidate again.

But on the other hand, if the price manages to break through 71K with a strong close, we may see a new surge towards 75K and then 80K.

๐Ÿ’ก The market is currently in a state of confusion and accumulation, and the next movement will determine the direction for the upcoming period.

๐Ÿ’ฌ Question for the community:
Do you think Bitcoin will visit 60K โ€“ 52K first or will we see a breakout to 70K and rise directly?

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