Bitcoin can see $55K breakout if last major BTC price resistance is broken — Analyst
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to exit the $46,000 range on Tuesday after heading lower as the week began. The area between $45,000 and $48,000 has acted as a narrow trading corridor for Bitcoin as it attempts to knock down its last hurdle before $50,000. So far, however, bulls have lacked the momentum to effect major change. For Cointelegraph contributor Michaël van de Poppe, $48,000 was the level to watch on the day, as a breakout from there could lead to another upward impulse move. “If we clearly breakthrough there, that is probably going to trigger a big short squeeze, as everybody’s looking for a short in this area,” he said in a fresh YouTube update. Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here Click Here

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