Bitcoin bottomed out in early trading on Monday and rose back, stable at 55000, the current price is at 56000. The total market value of cryptocurrencies exceeded US$2.4 trillion, and the market value of Bitcoin accounted for 43.4%. The number of profitable Bitcoin addresses reached a 5-month high, and the average node capacity of the Lightning Network exceeded US$10,000. Switzerland plans to initiate a proposal: it intends to authorize the central bank to hold gold and BTC as part of its currency reserve assets. Statistics: New York State's mining company's Bitcoin computing power ranks first in the United States.
From a technical perspective, the weekly and daily graph was closed by bullish candle continuously and hit a several months high. The bullish trend was strong. On H4 graph, bitcoin fluctuated within the interval and formed bullish triangle pattern. Bitcoin has been above the middle BOLL band for a long time. Overall, prioritise Buy. The chart below is showing the key point and the estimated trend, the deciding point whether to buy or sell is near 56500.
Resistance：56500-58000-59600
Support：55600-54000-53300
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