Market Update:
Bitcoin is trending down from its March highs, holding support for now but showing signs that it could revisit lower levels.
Technical Outlook:
A key level to watch is $55,800, which aligns with the rising trend. This level could serve as a critical point for BTC's next move.
#Bitcoin #BTC #CryptoUpdate #PriceAction #SupportLevels #TechnicalAnalysis
Bitcoin is trending down from its March highs, holding support for now but showing signs that it could revisit lower levels.
Technical Outlook:
A key level to watch is $55,800, which aligns with the rising trend. This level could serve as a critical point for BTC's next move.
#Bitcoin #BTC #CryptoUpdate #PriceAction #SupportLevels #TechnicalAnalysis
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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.