Bitcoin Repeating Previous Breakdown Structure—Is BTC Price Headed Toward $55K Next?

The post Bitcoin Repeating Previous Breakdown Structure—Is BTC Price Headed Toward $55K Next? appeared first on Coinpedia Fintech News Bitcoin continues to trade under mounting long-term bearish pressure as the price struggles to reclaim crucial resistance zones after losing a major market structure earlier this year. Although the BTC price managed to trigger a short-term rebound from the recent lows, the broader weekly structure still resembles the previous breakdown pattern that triggered a nearly …