Bitcoin’s price has exhibited a short-term bullish divergence, signaling potential growth. However, this comes amidst an increase in liquidity on the upside, necessitating careful observation.
Recently, Bitcoin fell below a crucial support area, transforming it into a resistance zone. This pivotal area ranges between $60,000 and $61,000, where Bitcoin has already faced some rejection.
These dynamics could significantly influence Bitcoin’s trajectory in the next 24 hours, making this period critical for traders and investors.
