After a few teasing days with a $ 60,000 line, the BTC / USD failed to violate a historical milestone because the price fell below $ 57,000.
Key level:
Resistance level: $ 60,000, $ 58,000, $ 56,000
Support level: $ 54,000, $ 52,000, $ 50,000
Over the past few days, BTC / USD remains relatively stagnant, just below the label price of $ 60,000 because King Coin even tried a few breakouts above the psychological level but it didn't work. However, the latest rejection came only a few hours ago and this failure pushed the first digital asset with a southern enthusiasm for losing around $ 3,000 from an intraday value of low $ 57,000.
What is expected from Bitcoin (BTC)
Because BTC / USD failed to settle above the $ 60,000 resistance level, it was likely to be a coin to start a strong decline if there was a closure under $ 55,000 support. Meanwhile, if the price remains stable above $ 57,000, there are opportunities for fresh increase in the near term and initial resistance on the positive side of around $ 59,000 while the main resistance remains around $ 60,000.
Invest now for the next Run Bull when you can generate a lot. Even though you can make a lot of money now, you can make more when Bitcoin goes up.