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Bitcoin (BTCUSD): Waiting For the News

Long
Bitcoin (COINBASE:BTCUSD)  
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COINBASE:BTCUSD   Bitcoin
Support and Resistance Supply and Demand Wave Analysis Bitcoin (Cryptocurrency) BTCUSD crypto cryptotrading cryptotrader cryptolevels Contains image
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supportandresistance supplyanddemand waveanalysis bitcoin btcusd crypto cryptotrading cryptotrader cryptolevels containsimage
snapshot

Bitcoin is currently stuck on a key horizontal resistance.

After a strong bullish movement, the market became overbought
and is currently consolidating.

The next bullish wave will be confirmed after a breakout of
54000 horizontal resistance. Daily candle close above that structure
will confirm a violation.

A bullish continuation will be expected at least to 58500 then.

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