BTC/USDT is currently trading at $59,599, up by 0.31%. The price is showing some resilience after dipping close to the $58,000 support zone. The Bollinger Bands indicate that BTC is attempting to push higher, with immediate resistance around $60,383. If BTC breaks above this level, it may target the upper trendline at nearly $70,000. However, if bearish pressure resumes, watch for support around $56,497 and the crucial $52,408 level. A successful hold above $59,000 could signal the beginning of a bullish reversal.
Note: This is not financial advice. Stay tuned for further updates and analysis. Thank you!