After a few teasing days with a $ 60,000 line, the BTC / USD failed to violate a historical milestone because the price fell below $ 57,000.
Key level:
Resistance level: $ 60,000, $ 58,000, $ 56,000
Support level: $ 54,000, $ 52,000, $ 50,000
Over the past few days, BTC / USD remains relatively stagnant, just below the label price of $ 60,000 because King Coin even tried a few breakouts above the psychological level but it didn't work. However, the latest rejection came only a few hours ago and this failure pushed the first digital asset with a southern enthusiasm for losing around $ 3,000 from an intraday value of low $ 57,000.
What is expected from Bitcoin (BTC)
Because BTC / USD failed to settle above the $ 60,000 resistance level, it was likely to be a coin to start a strong decline if there was a closure under $ 55,000 support. Meanwhile, if the price remains stable above $ 57,000, there are opportunities for fresh increase in the near term and initial resistance on the positive side of around $ 59,000 while the main resistance remains around $ 60,000.
Invest now for the next Run Bull when you can generate a lot. Even though you can make a lot of money now, you can make more when Bitcoin goes up. Buy Bitcoin and get it now or hold. Invest for yourself and let Bitcoin do the rest.
Bitcoin is good investment but there's other coins with potential and very much affordable to buy more. Like AWC token is good example and right now, I suggest AWC token for good investment opportunity. For more info - https://atomicwallet.io/token