Bitcoin faced another selloff and has found support in the mid 50K's as it did over the weekend with the massive selloff. We have found support just above 52.8K, a level we have alerted you yesterday. We appear to be getting good support here, and there is currently a brief attempt at a rally back to 55.7K. There is a cluster of levels here starting at 52.8K, including 54.3K, 55.7K, 56.8K, and 57.7K. BTC is likely to range between these levels. If it breaks through the upper bound at 57.7K, 59.4K is our next target.
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