🚀 Bitcoin Daily Update:
🔶 Bearish Breakout!
Bitcoin has just slipped out of its ascending wedge, sparking a wave of selling pressure. We’re currently drifting through a neutral zone, right in the middle of the daily channel—anything could happen from here! ⏳⚠️
🔶 Key Levels on the Radar:
- Targets: 61,700 | 59,500 | 57,100 USD
- Critical Resistance: 62,800 USD
🔷 Support Holds at 58K
Right now, Bitcoin is hanging on at the 58,000 USD support level, with the 50% Fibonacci level at 57,150 USD acting as a potential magnet for price movement. 📉⚠️
💡 Pro Tip:
If bulls manage to break through 62,800 USD, it’s a strong signal to close your short positions. Keep an eye on the H1 downtrend and bevel trend resistances—they could make all the difference!
📊 Trade Setup Alert:
We might see a quick pump to retest the 61,600 - 62,000 USD zone, potentially breaking the wedge and filling the CME gap. After that, brace for a possible dip to retest the 50% Fibonacci support zone! 📈📉
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