Bitcoin price analysis is bearish today. BTC/USD continues to test the $56,500 support. Next support at $53,500. Bitcoin price analysis is bearish today as the $56,500 support is tested with an increasingly tighter range forming above it. Therefore, we expect BTC/USD to break lower and move towards the next support at $53,500 over the next 24 hours.
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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.