Bitcoin next 48hours Scenario

BTC is currently trading on a very important level and trying to bounce from here..

If BTC manage to hold above $55500 level then we can see $58500 again..

On the other hand if BTC break $55500 and close 4H candle below it then downside targets are $54100 and $52500 for now..

As of now it is forming higher high and higher low pattern which indicates a bullish sign..

Not much to say..

Let’s see where it will go now..
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