Bitcoin is currently priced at $61,090, marking a 0.44% decrease. The pivotal point at $62,140 is crucial to monitor, indicating a negative Bitcoin price forecast.
Key resistance levels are situated at $63,440, $64,510, and $65,710. A breakthrough at these levels could lead to potential upward movement, giving traders valuable insight into potential positive scenarios.
On the flip side, immediate support is located at $60,620, followed by $59,670 and $58,630. These support levels indicate potential stabilization points if the price continues to decline, providing traders with a guide to plan their trading positions.
