As expected, the Bitcoin price just touched the 56k levels and reversed to our support levels, shared in yesterday’s analysis.
The price is again moving on to the 56000 levels. A small to retracement 54000 levels is expected.
Overall sentiment is very bullish. We can expect 56k level to break soon.
Waiting for BTC to break 56K level and then buying is considered safe. Aggressive traders can buy now keeping a stop-loss below 49k$.
