BTC Consolidation: Awaiting a Breakout Between 56K-60K USDT
After a significant downtrend, The market is in a consolidation phase between 56,000 USDT (support) and 60,000 USDT (resistance). The price shows signs of indecision around 58,750 USDT, awaiting a breakout. A break above 60,000 USDT could trigger a bullish move toward 62,000 USDT, while a break below 56,000 USDT might lead to further downside towards 52,000 USDT.
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