54980 is clearly a key level for BTC in the 8H timeframe. We have not had an 8H candle close below this level since it broke above during its recent climb, and there are many touches of this level going back to Feb 21, both at support and resistance. The current candle began at 12 noon, and will not close until 8 pm, but until I see an 8H close below 54980, I am bullish.