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BTC breaks previous low at $56,000, drops 10 percent

Bitcoin (COINBASE:BTCUSD)  
BernardMikhail1  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Wave Analysis Technical Indicators BTC Bitcoin (Cryptocurrency) price
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trendanalysis waveanalysis indicator btc bitcoin price
Bitcoin price analysis is bullish for today.
BTC/USD spiked below $56,000 support.
Support was found at $54,000.
Bitcoin price analysis is bullish today as we can see recovery over the last 24 hours after the $54,000 mark was reached. Therefore, BTC/USD has set a new lower low and is ready to retrace some of the loss later today.
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