#BTC
Bitcoin successfully retested the blue $55850 level as support on the Daily timeframe
And since then, BTC has revisited the black Channel Bottom again
At this moment, BTC is positioned favourably for a Weekly Close above the Channel Bottom
But it's important BTC doesn't produce long upside wicks beyond the Channel Bottom but ultimately Weekly Closes below it
Bitcoin needs to Weekly Close above $58150 to successfully reclaim the Channel Bottom
