Bitcoin (BTC/USD) is currently moving sideways and showing indecision around the $60,100 mark. In recent days, the price has been fluctuating just above and below the psychological support level of $60,000, pressured by persistent ETF outflows, Federal Reserve expectations, and a strengthening US dollar.

Here are the details of the daily technical analysis and critical levels:
📉 Technical Outlook and Critical Levels
Support Zone ($58,100 – $59,500): Over the past week, the price has rebounded from this zone to climb above $60,000 but has struggled to sustain that position. The $58,130 level acts as the nearest major support; a break below this level could accelerate the downtrend.
Resistance Zone ($60,700 – $61,100): For short-term buyers to fully return to the market, we need to see daily closes above the $60,700 resistance level. For a sustained recovery, the next target lies around the $63,300 level.
General Trend: Lower highs and lower lows continue to form on the daily charts, indicating that the bears have not fully relinquished control.
📊 Last 24-Hour Data
Current Price: ~$60,100
24-Hour High: $60,493
24-Hour Low: $59,775
For now, it would be prudent to monitor the consolidation around $60,000 until a clear breakout direction emerges in the market. Any specific indicators you are tracking (such as RSI or MACD)...