BTC: Watching the 60k area for confirmation

It's been a choppy few weeks for $BTC, and the narrative around the halving has certainly fizzled for now. I'm keeping a close eye on the 60,000 level. We saw a decent bounce off it previously, but the subsequent failure to reclaim higher highs with conviction is telling. If we break below 60k decisively, say on a daily close, my current thesis for accumulation in this range would be invalidated, and I'd expect a retest of lower support, possibly even the mid-50s. The macro picture isn't doing us any favors either; the recent uptick in the $US30 and $USO, while not directly correlated, reflects a broader sentiment that's not exactly risk-on for digital assets right now.