In the past week, #BTC☀ has shown resilience, maintaining its value above $60,000 despite ongoing market turbulence and geopolitical tensions. BTC found key support at the $60K level, with major whale accumulation signaling potential future bullish activity. The cryptocurrency is currently trading within a descending channel, with resistance levels at $63,000 and $64,000. If prices dip below $60,000, BTC could drop to $57,500, while breaking resistance may push it higher.
Despite a 3% decline in the broader crypto market, Bitcoin's exchange reserves indicate reduced selling pressure, pointing towards a possible price rebound in the coming days.
This data reflects strong investor sentiment amid an uncertain macroeconomic environment, making Bitcoin's near-term performance highly anticipated.
( sources CryptoDaily and Pintu )