$BTC Bitcoin is currently navigating a critical technical zone as price action consolidates after recent volatility. On the daily chart, BTC is testing support near the $57,000–$58,000 range, a level that has historically acted as a demand zone. A sustained hold above this area could fuel a rebound toward resistance around $62,000. Conversely, a breakdown may expose the $54,000 level. RSI remains neutral, suggesting room for either direction, while moving averages indicate caution. Traders should watch volume and macro signals closely. Maintaining risk management is key in these uncertain market conditions.
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