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BTCUSD Price, What's next? will it reach 55K?

Long
BITSTAMP:BTCUSD   Bitcoin
Following the BTCUSD price testing the $49,000 area, indications suggest that the next target is the $55,000 zone. The highlighted demand, marked in blue below, appears to be an excellent level for initiating a continued buy position, with the target set at the $55,000 level.

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