BITCOIN - My View On The Recent Price Action...

Here's an update on my earlier long trade proposal, slightly altered by a recent low break, though not breaching the previous low.

This development is intriguing and might establish new support.

I'm still aiming for $55,404, but the formation of support has been unexpectedly unique. If it holds, fresh support emerges at $50,627.

Confirmation of an upward move will occur upon breaking $52,521.