The current value of Bitcoin stands at $61,090, showing a decrease of 0.44%. The pivot point, set at $62,140, is a crucial indicator to watch, pointing towards a negative Bitcoin price forecast.
Key resistance levels are outlined at $63,440, $64,510, and $65,710. If the price manages to surpass these levels, it could signal potential upward movement, giving traders valuable insights into potential bullish scenarios.
On the flip side, immediate support is located at $60,620, followed by $59,670 and $58,630. These support levels indicate where the price could find stability if it continues to drop, offering traders a guide to plan their trading positions.