Bitcoin ($BTC) has been fighting hard around the $61,000 – $63,000 zone after a volatile week. With over 50% of circulating supply currently sitting in a temporary loss, the market sentiment is heavily divided.

Here is what you need to know right now:

• The Support Zone: Analysts are watching the $59,000 – $60,000 level closely. If BTC holds this area, a quick rebound towards $65K+ is highly likely.

• The Bottom Scenario: On-chain data from CryptoQuant suggests that if the current buying demand stays sluggish, Bitcoin might test its realized price bottom near $53,600 before making a massive macro recovery.

• Macro Factor: Recent US CPI data brought some temporary relief, but institutional ETF outflows are still putting pressure on the spot market.

What is your move? Are you accumulation buying the dip right now, or waiting for a cleaner confirmation? 👇

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