$BTC 's downward trend remains unabated. Let me share my personal opinion.
Last week, the price of Bitcoin fell and pulled back, wiping out the previous gains. At present, Bitcoin has fallen back to around $58,000, which is the low point of the pullback on August 15 and the watershed of the subsequent market.
$BTC is currently in the falling and rising range. If the price of Bitcoin can maintain above this level, it will support it. Otherwise, it will hit its price level and hinder it. However, $BTC is close to the key level of $58,000 and has not deviated significantly, so it is still possible to recover above it.
