Bitcoin is now trading near $59,700 and we also said that we will see a test of $60,000 soon. This is the major resistance area and also a psychological level. If BTC break and hold above $60,000 then we see a good upward movement in coming days. The local support is $57,000-$57,500 and $55,000. We may see a retest of $57,000-$57,500 support if BTC rejected from $60,000. The overall market is bullish now.
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