#BTCBreaksATHBitcoin is currently trading near $58,400, consolidating after a bounce from the $56,000 support level. Market momentum remains neutral, with bulls defending key zones but lacking strong buying pressure. Resistance lies around $60,200 to $61,000, and a breakout above this range could trigger a bullish move. However, a drop below $56K may lead BTC toward the $53,800 zone. ETF outflows and upcoming U.S. CPI data are adding uncertainty. Traders should remain cautious and watch for confirmation before entering new positions. Stability above $58K is critical for upward continuation. Keep risk tight, especially in futures trades. #Bitcoin #BTC#CryptoUpdate
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