BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW
15 minute chart showing calculations it is running in negative trend and stop loss is 61000 level . It can fall towards 57500 level . Intraday purpose selling is better with stop loss 61000 level expecting intraday targets 59700 , 59500 and 59300 levels respectively .Strong resistance area is 59700 to 60700 level .
QUICK FUNDAMENTAL LOOK
Bitcoin's price dropped below $60,000 on Wednesday as excitement about Federal Reserve interest-rate cuts fizzled out.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.