#Bitcoin is holding a constructive bullish structure after bouncing from the daily low of 57,758.6. Price is consolidating around 58,822, just below the daily high of 59,444.5, suggesting buyers are attempting to build momentum for another breakout.
Entry: 58,700 – 58,950
Targets: 59,450 , 60,200 , 61,500
SL: Below 58,000
The trend remains bullish while BTC holds above 58,700. A decisive breakout above 59,444.5 could trigger another leg higher toward 60,200 and 61,500. If BTC loses the 58,000 support zone, expect a retest of the daily low before buyers attempt another recovery.
$BTC
#Bitcoin
Entry: 58,700 – 58,950
Targets: 59,450 , 60,200 , 61,500
SL: Below 58,000
The trend remains bullish while BTC holds above 58,700. A decisive breakout above 59,444.5 could trigger another leg higher toward 60,200 and 61,500. If BTC loses the 58,000 support zone, expect a retest of the daily low before buyers attempt another recovery.
$BTC
#Bitcoin