BTC Halving Aftershock: Is a Retest to $57K on the Cards?

Post Content:

The recent Bitcoin halving has sparked bullish sentiment, but price action tells a more cautious tale.

After peaking near $66K, BTC is consolidating below the $64K resistance zone, and the daily RSI is cooling off — currently hovering near 50, indicating neutral momentum.

Key levels to watch:

Support: $60,200 and $57,800 (confluence with 100-day EMA)

Resistance: $64,300 and $68,000

Bearish Scenario:

🔻 A break below $60K could lead to a retest of the $57K zone, especially if volume continues to decline.

Bullish Catalyst:

🚀 Sustained ETF inflows or a surprise macro event (like dovish Fed talk) could catapult BTC above $68K and reignite the bull run.

My Take:

🧐 I'm cautiously bullish, but keeping a tight stop at $59.5K.

🗓️ Watch the US jobs data on Friday — it could be the spark that drives the next move.

Question for you:

🤔 Are you buying this dip or waiting for sub-$58K levels?

#bitcoin #CryptoMarket #BinanceFeed #BTCanalysis #CryptoNews

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