Technical Analysis BTC: The Next Movement? 📈
Bitcoin (BTC) shows strong resilience around the key level of 60,000 USD. After the recent correction, the mother cryptocurrency is consolidating, potentially forming a bullish flag on the daily charts.
**Key Points:**
* **Critical Support:** 58,500 USD. A break below this level could lead to a drop towards 55,000 USD.
* **Immediate Resistance:** 63,500 USD. Breaking this resistance could confirm the continuation of the bullish trend towards 68,000 USD.
* **Sentiment:** Volume remains healthy, indicating ongoing interest from institutional buyers.
Stay vigilant on support. This is the time to observe if buyers regain control to aim for a new ATH.
