$BTC is showing interesting price action as it tests the $60,000 support level. The weekly chart suggests a potential bullish reversal if this level holds, with the next resistance at $65,000. On-chain data reveals strong accumulation by long-term holders, which is a positive sign. However, macroeconomic factors like Fed rate decisions could impact short-term volatility. My strategy is to DCA into BTC at these levels while keeping an eye on the $58,000 support. If it breaks, I’ll wait for a retest before adding more. For traders, this range offers opportunities for both longs and shorts, but risk management is key.