At press time, the BTC has traded at $61183..2 with an intraday decline of -3.16%. The price action looks weak and in favor of bears. The BTC has breached the upward-faced trendline and has reached the earlier retested key support of $60.278.
Thus, further advancement in the bearish pressure could lead the price toward the next major support at $56,393.
Thus, further advancement in the bearish pressure could lead the price toward the next major support at $56,393.