Bitcoin bulls force a breakout past $55k, but a drop to $53.5k seems likely

Akashnath S

Bitcoin reached a local high of $57.1k, and might extend higher
The late, high-leverage bullish speculators might be punished soon.

Bitcoin [BTC] broke out past the twelve-day range that it

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Bitcoin bulls force a breakout past $55k, but a drop to $53.5k seems likely