Bitcoin’s #BitcoinPlunge sharp drop today has pushed the price toward a major technical support zone that could decide its next big move. 📉
Analysts are closely watching the $57,500–$58,000 range — a break below could open the door for deeper declines, while a strong rebound might fuel a short-term relief rally.
Market sentiment remains cautious as traders weigh macroeconomic data, U.S. dollar strength, and ETF inflows/outflows. Volatility is expected to remain high in the coming sessions.
🔍 Key Levels to Watch:
Support: $57,500 – $58,000
Resistance: $60,200 – $61,000
