$BTC
Will BTC Rise or Fall Soon? Key Levels to Watch
Bitcoin is at a critical juncture. After consolidating near $60K, the next move could be decisive.
Bull Case:
- Strong support at $60K holds
- RSI shows oversold conditions
- ETF inflows returning could push BTC toward $65K
Bear Risks:
- Breakdown below $58K may trigger sell-off
- Low trading volume = fragile momentum
- Macro uncertainty persists
Short-term, watch $60K-$65K range. A clean break above $65K could signal rally continuation, while losing $58K may lead to deeper correction.
Strategy: Wait for confirmation - either a high-volume breakout or breakdown before adding positions.
