Bitcoin btc
$ usd
Technical Analysis

Exclusive Bitcoin (BTC) Finds Support Near $53,000 and Bounces

2 mins
Updated by Kyle Baird

In Brief

  • Bitcoin has broken down from a short-term ascending support line.
  • It bounced at the $53,000 support area.
  • The primary resistance zone is found between $56,000-$56,700.
  • promo

For BeInCrypto’s previous bitcoin (BTC) analysis, click here.


In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.