After last week Mondays sell off (discount)to 50500, we can see BTC bulls have found strength again to run the price up before taking a breather at around 55600.
A close above 55600 is a great opportunity to buy into BTC with a stop below support.
Here we can ride BTC all the way up to 60k where price probably will break through with and head towards 75k!!
Below 54400 and our biased returns to short term bearish!