BTC's fall depends on the effectiveness of the support at $59,500. If it doesn't break, it will continue to fluctuate and form a bottom. If it breaks, it will look for support at the 120-day moving average.

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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
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Event ends: August 9, 16:00 UTC
More details: https://www