BTC has already completed most of the downside move after breaking below the major trendline.

The $59K–$61K zone is now acting as a very important support area. 👀

If buyers continue to defend this level, a relief bounce toward $65K to $68K is possible.

However, if BTC loses the $59K support, the next move could be toward the $55K to $57K range.

For now, BTC looks more likely to enter a consolidation phase rather than continue a straight dump. $BTC