Bitcoin has gradually and persistently worked on a recovery mission from $53,000. Various barriers were encountered along the path, including the 100 Simple Moving Average (SMA), the 50 SMA on the four-hour chart, and the critical seller congestion zone at $58,000. In the meantime, the largest cryptocurrency dodders at $56,800 as bulls battle to overcome The post Bitcoin price support at $56,000 crucial for takeoff beyond $60,000 appeared first on Coingape.