Further Development
Analyzing the current trading chart of BTC, I found that there is consolidation at the price of $57,750 but still potential for another downside wave.
Based on the 4H time-frame , my advise is to watch for potential selling opportunities with the downside targets at $52,075 and $48,835.
There is strong supply in the background, which is sign that supply is still present...
Key Levels:
Resistance: $60,000
Support level: $52,075 and $48,835.