Bitcoin Consolidation Bearish reaction Bitcoin / TetherUSBINANCE:BTCUSDTMR_GOLD_12Bitcoin is currently facing strong resistance after a sharp recovery from recent lows. Buyers attempted to push higher, but selling pressure and profit-taking have limited further upside, causing price to react lower. The market is also trading cautiously ahead of important U.S. economic data and macroeconomic developments, as traders wait for fresh direction. Higher volatility is expected around upcoming news releases, which could influence overall market sentiment. From a technical perspective, BTC remains in a consolidation range. If price fails to hold above the current resistance, a move toward the 59K support area is possible. A break below that level could extend the decline toward 58K . However, if buyers reclaim and sustain above 60K bullish momentum may return and open the path for higher targets. You may find more details in the chart, Trade wisely best of luck buddies. Ps; Support with like and comments for better analysis Thanks for Supporting.