$BTC UPDATE ‼️
Currently Bitcoin's structure is leaning bearish - We’ve got strong resistance sitting between $55k and $55.5k and if the price reaches this zone I’m expecting a sharp reaction that could send the price back down - This means more downside pressure is likely before we see any reversal
A key level to watch for is around $52.5k -
We’ll need a solid retest here which could signal the beginning of an upside move if buyers step in
Until then, stay cautious and keep an eye on that
resistance ✔️🔥🤝
