Bitcoin ($BTC ) is holding steady around $59,200, after briefly testing $59,800 earlier today. The move comes as traders await this week’s U.S. CPI data, which could impact market sentiment.
On the technical side, BTC is trading above its 50-day moving average, with RSI still below overbought territory—suggesting there might be more room for upside. Key resistance lies at $60,000, while strong support is around $58,500.
If bulls manage to break and hold above $60K, we could see a push toward the $61,500–$62,000 zone in the coming days.
📊 What’s your take—will BTC smash through $60K this week or pull back first?