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$BTC Update 📊
The $58.1K–$58.3K zone is the key support bulls need to defend.
➟ Price has already swept last month's low, so this area becomes the deciding factor for the next move.
Bullish scenario:
➟ Hold above $58K and a recovery toward $60.7K becomes increasingly likely.
Bearish scenario:
➟ Lose this order block, and the path opens toward $54.5K, with $49K remaining a major high-timeframe demand zone before any meaningful bounce.
🎯 My plan:
➟ Watching for a manual scalp long only if price shows a strong reaction at this support.
➟ No confirmation = no trade.
My highest-conviction long entry zones remain $54.5K and $49K.
#BTC #Bitcoin