BTC is trying to break the 54K resistance. Currently oversold, strength starting to pick up, and the MACD getting ready for a reversal to the uptrend. If BTC reached the $56K, it would attempt to enter the $60K price level of the orange triangle.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.