⚠️ BTCUSD reasons to expect the price to rise

Yesterday the price broke through the resistance line 55454.3 and collapsed.
It stopped at the support zone 49455.6.
Reasons to expect the price to rise:
1 - a strong collapse preceding this (the need for correction to a fall).
2 - strong support zone (line for January 2021 + line for March 2021).
3 - the fact that the price has already rebounded and started to grow from the support 49455.6.
The target is 56210.9.

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BTCUSDForexLONGTrend Analysis

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