---
title: Bitcoin at Major Support Zone
description: "Bitcoin (XBTUSD) is now testing the major support zone between 56,500-58,000. This zone is critical because if it breaks, the consolidation that started in March could become more complex and volatile. It would open the door for a test of the next support level at 50,700-52,250 or even the 45,000 levels. But for the time being, keep an eye out for a rebound at this level. Source: Bloomberg"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Bitcoin at Major Support Zone](https://blog.syzgroup.com/syz-the-moment/bitcoin-at-major-support-zone)

 Written by [Christian Aldenkortt](https://blog.syzgroup.com/syz-the-moment/author/christian-aldenkortt) | Jul 4, 2024, 9:16:04 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/bitcoin-at-major-support-zone)

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