Bitcoin is currently experiencing a downtrend, with the price | Crypto VIP Signal

Bitcoin is currently experiencing a downtrend, with the price approaching the $60,000 support area as predicted. A significant wick below the support area indicates stop hunting and liquidations. The positive news is that the price is now above the $60,000 level. We may witness some sideways movement before the next move. A daily candle closing below $60,000 would be bearish, so keeping an eye on the support area is important.