#Bitcoin has retraced back toward a previously established support zone, revisiting an area around $59,930. The Bearish 3 Drives pattern remains active within the current market structure, continuing to define the broader downside framework. The $59,930 area represents a notable technical level as previous support, while the Bearish 3 Drives pattern continues to project lower reference levels within the existing structure. Within the context of the Bearish 3 Drives pattern, the default target remains the retest of point A at $49,600. bitcoin:native
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