Based on , an outbreak above 54 is only a question of time - this month or even january`17 ...
But the short term makes me afraid last 24 hours and even suggests me price pressure even unbtil 48 USD ?!
How ever the short-tmer chart is pretty even under 52.500 BCOUSD
Why ??? Let me shortly excplain ...
- the daily broked even around by 52.500
- the weekly broked even around by 52.500
- the monthly is more or less even around by 48.000
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)