Bitcoin Price Struggles: Can Bulls Step In to Save the Week?

Bitcoin's price has declined and is facing resistance at $57,000. It recently retested the support zone at $55,600. Despite attempts to recover, the price is struggling to surpass $57,200 and the 100 hourly SMA. A bearish trend line at $57,050 is adding resistance. Key resistance levels are $57,750 and $58,500. If Bitcoin fails to break above $57,750, it may decline further, with support at $56,000, $55,600, and $55,000. Technical indicators suggest a bearish bias.