ภ๏รtг๏ภคยt on Nostr: Bitcoin is still struggling to make any real recovery, and before we can even ...
Bitcoin is still struggling to make any real recovery, and before we can even consider flipping the $60.8k level we have been watching, there is now 4hr resistance at $59.5k (Weekly Open) area.
BTC actually wicked down to new lows yesterday, touching just below $58k, but gave a fast reaction from this with a 3% bounce. We can consider $58k (Prev Week Low) as 4hr support for now but cannot rule out that the current price action leads us to $55k soon.
Published at
2026-07-01 11:06:20 UTCEvent JSON
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"content": "Bitcoin is still struggling to make any real recovery, and before we can even consider flipping the $60.8k level we have been watching, there is now 4hr resistance at $59.5k (Weekly Open) area. \n\nBTC actually wicked down to new lows yesterday, touching just below $58k, but gave a fast reaction from this with a 3% bounce. We can consider $58k (Prev Week Low) as 4hr support for now but cannot rule out that the current price action leads us to $55k soon.",
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