๐ Bitcoin ($BTC
) on the Decline! ๐
Currently trading at $60,715.99, $BTC is down 2.63% in the past 24 hours, with a recent low of $60,666.00 reflecting strong bearish momentum. As sellers dominate the market, $BTC is facing serious downward pressure.
๐ With strong support at $61k and resistance looming at $62,565.95, the outlook appears bearish. If Bitcoin breaks below its current support, we could see it plummet to $60k soon!
โก Traders looking for short opportunities might find this trend advantageous, but caution is advised for those considering long positions. Watch for signs of a reversal near key support levels, and rememberโrisk management is key!
