SasanSeifi| BITCOIN: Will a Pullback Lead to Lower Levels?

Par SasanSeifi
Hey there, ✌
Bitcoin is currently trading around the $58,500 range. Given the lack of stabilization above the $60,000 level, we could be facing a bearish trend. Additionally, with the recent break below the $59,300 mark, the short-term outlook on the 1-hour chart appears bearish.

We expect that after completing a pullback, the price may move towards the corrective targets of $57,500, $57,000, $56,700, and $56,000.
❌ Key resistance levels to watch are around $59,000 and $59,700.

💢 Keep in mind that this is just my personal perspective and not financial advice. I’d love to hear your thoughts and exchange ideas!

Good luck and happy trading! ✌😎
Feel free to reach out if you have any questions – I’m here to help!✌
1hbitcoinusdtbitconbtctrendbtcudstChart PatternspriceactionshorttermSupply and DemandTrend Analysis
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