BTC Bitcoin

BTCUSDT.P BTCUSDT
Bitcoin (BTC) is currently trending downward on the 15-minute chart, trading around $57,964. The price is below key moving averages, indicating bearish pressure. A potential support zone is visible around $56,750, where a bounce could occur if BTC reaches this level. If this support is broken, it may trigger further declines; however, if a bounce happens, it could initiate a short-term recovery toward the $58,500 resistance area. For now, keep an eye on the $56,750 zone, as it is a critical level for determining the next move.