Bitcoin pullback to 55k support happened was expected due to bearish divergence. It is Tuesday - the day when stocks pullback so it is logical crypto follows. So far we can see a strong volume on support, but it doesn't look like enough to scary out every one. Now BTC has resistance at 56600. Close daily above and there is a chance to continue growth. Fail to get through - going down to 53/49k.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.