Bitcoin is moving within a descending broadening wedge, signaling bearish momentum. However, oversold signals suggest a potential short-term shift. Analyst Josh from Crypto World highlights possible volatility as the new trading week begins. Key resistance remains at $67,000–$68,000, while support is between $60,000–$61,000.

Over the weekend, Bitcoin's price may stay stable, with potential resistance at $62,700, $63,400, and $64,200 if an upswing occurs. A drop could test liquidity around $60,000 when trading volume increases.

A recent DXY spike has applied bearish pressure, while Bitcoin's RSI reset to neutral suggests more room for downside movement, with the potential for continued bearish trends after short-term consolidation.