Bitcoin went down by $2,000 in just 10 minutes, which is often a sign that a trend reversal has started(in such situations our trailing stop loss tools work great, which you can check on our website skyrocket.trade).
For now we are defending 58k, if we fall lower quickly we can see 56800-56000-55200 there we have another strong support. Bitcoin has dropped below $60,000 to its current price of $59,223. Today is the first time the flagship cryptocurrency has dipped below the $60,000 mark since October 17, 2021.
What next?
If we maintain the support around 56-55k, we can continue the bull trend and see another ATH within 7-10 days.