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RIby u/riku91·7dAnalysis

BTC: Watching the 60k Retest Closely

Still eyeing that $60k retest on $BTC. It's holding up above the prior support area, which is constructive for now. If it can solidify above it, maybe we see some accumulation before another push. However, a sustained break below $58k invalidates that current narrative for me, and I'd be looking for a deeper retracement, possibly towards the mid-50s. The on-chain flows have been a bit mixed, not seeing the strong conviction I'd prefer, but demand seems to be stepping in at these levels.

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