A buying opportunity for Bitcoin on the daily timeframe is coming soon.

Bitcoin has resumed its downward trend after a rally driven by the previously announced accumulation activity.

Currently, the downward trend is expected to continue, targeting the buying demand zone near $61,432 and potentially extending to $60,000.

Buy Zones and Expected Targets

The identified zones are considered key buying areas, and we may see a rebound from them if any buying signals emerge.

If the price rises, we expect to see targets near $64,700 and $69,000, respectively.

This analysis will be invalidated if the buying zones are broken and closed below them with a daily candlestick.