Bitcoin is trading steadily today as the market shows a mix of cautious optimism and indecision. BTC recently tested the $58,000 support level and bounced back towards $59,500, showing buyers are defending key zones. However, resistance remains strong near $60,500 to $61,000, limiting further upward movement. Traders are watching the US economic data and upcoming earnings season, which could influence investor sentiment across global markets. Technical indicators like RSI remain neutral on the daily chart, while short-term charts show minor bullish momentum. For now, Bitcoin needs to break above $61,000 with strong volume to continue towards $63,000. Otherwise, a retest of the $58,000 or even $56,500 support cannot be ruled out. It is advised to trade cautiously, set stop losses, and wait for clear breakouts before entering large positions, as market volatility may increase this week.
