Bitcoin continues to consolidate in a narrow range between $57.5K โ $59K over the past week. Despite minor volatility, buyers are holding strong above support.
๐ Support Zone: $57,500
๐ Resistance: $59,000
This tight range could be a sign of accumulation before a breakout โ but which way? Traders are watching closely for volume spikes and news catalysts. ๐ข
๐จ My View:
๐Below $57.5K = short-term bearish
๐Break above $59K = bullish momentum return
Whatโs your take? Are we going up next or dropping to fill the gap below? ๐
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