$BTC

**$BTC Under Pressure: What to Expect?**

**Bitcoin faces volatility** below $60K, with macroeconomic concerns and negative ETF flows weighing on the price.

**Key Factors:**

🔻 **Risk-off**: Aversion to volatile assets with a strong dollar

🔻 **ETF Outflows**: 3rd consecutive week of capital outflows

🔻 **Critical Support**: $56K (last relevant low)

**Scenarios:**

- **Bearish**: Loss of $56K may lead to $52K (200DMA support)

- **Recovery**: Break above $61,500 resumes upward trend

**Opportunity?** Accumulation at low levels for the 2024 halving.

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