Bitcoin is pressing the upside resistance

Bitcoin is testing the upside wedge resistance.

 

Bitcoin is testing 57800, which is now a strong upside resistance, and it held the 55000 support and formed a rising wedge. Wedge is being attacked for several days and is close to upside breakout and continuation higher to 75000. Only a break below 55000 would lead to an upside invalidation.

Note: look for the long trade entry with the stops just below 56500

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