BITCOIN good buy position

Bitcoin has shown strong gains in recent trading sessions.
One of the reasons for the growth is the local support line (February 2021).
Stronger resistance holds the price back.
This line was formed earlier this year.
The price dropped from this line a few days ago.
At the end of last week, the price dropped from position 58195.1 (resistance).
She is now on local support 56067.1.
This is a good position to start buying.
SL - 55194.0.
TP - 58222.9.

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BTCUSDForexLONGTrend Analysis

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