🚨‼️$BTC / 4 hour Ready for big news ‼️⛔️

1. Price Fluctuations:Bitcoin has been experiencing fluctuations, with significant peaks and troughs from May to June.

2. Resistance Level:The price has repeatedly tested and failed to break above the resistance level at approximately 62,000.

3. Support Level:The price has also tested the support level at around 60,000 multiple times, showing strong buying interest at this level.

4. Recent Downtrend:There is a clear downtrend from the highs above 70,000 to the current range, indicating selling pressure.

5. Consolidation:Currently, the price is consolidating between the 60,000 support and 62,000 resistance, which may lead to a breakout in either direction.

This consolidation phase suggests traders are awaiting further market signals to determine the next move.

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