Bitcoin daily timeframe viewpoint

Bitcoin looks to be respcting the pyschological level of 52K and may be finding some form of support. However if we are to breach this area we can expect a sharp decline to the 48K level as a first potential trade.

If we break the last significant lower high (resistance) at 56K we can expect price to move back to its ATH and beyond.

Patience is key.

Trade safe

Comment:

Trade playing out, we should see ATH within this week in my honest opinion.

Exciting for crypto as a whole

Comment:

Almost at target. Price action is key