Bitcoin (BTC) is once again facing rejection from the upper resistance level on the 12-hour time frame. This signals potential bearish momentum, suggesting a move towards the lower support zone. If BTC touches the $60,000 support, we could see a critical test of this level. A break below $60,000 may open the possibility for a deeper correction, targeting the next support at $56,000. Traders should monitor these levels closely for potential further downside or consolidation at support.

#BTC #cryptotrading #BTCNews #Trader

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October 13, 2024 at 3:25 PM
Twitter@First1Bitcoin|15:18 PM - Oct 13, 2024
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