$BTC has broken below the rising trendline and is now trading under key support.
If this breakdown holds, we could see a move toward the lower range around $58K.
A quick reclaim of this level would be needed to avoid more downside.
For now, the bears are in control.
Keep an eye on this level.
If this breakdown holds, we could see a move toward the lower range around $58K.
A quick reclaim of this level would be needed to avoid more downside.
For now, the bears are in control.
Keep an eye on this level.