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#BTC/USDT Weekly Update! $58k first!

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#BTC Weekly:
Closed red at $54,881. Holding the 54K support is a positive sign in the short term. However, the price action seems incomplete, with substantial liquidity sitting around the 48K and $43K levels (as mentioned in my previous article on BTC).

The key focus right now is maintaining the 54K level.
If we lose this level on the daily chart with a confirmation candle, expect lower levels to be swept soon.

That said, as long as we hold the current level, we could see a retest of $58K to capture liquidity.

BTC Daily:-

The daily chart looks promising, as the price has bounced off the support, with a confirmation candle printing today.

Stay tuned, and I’ll keep this chart updated.

Hit that like button and share if you like it.

Thank you

#PEACE
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This is how the daily chart kooks.

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