I'm still bearish on Bitcoin. We're facing strong resistance at $60,000, and while Bitcoin is currently at a support level of $59,400 and showing some upward momentum, I don't believe it will break through $61,158. I expect the strong resistance at $60,000 will lead to another rejection, potentially bringing the price back down to $57,157.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.