Bitcoin can see $55K breakout if last major BTC price resistance is broken — Analyst Post author:MiamiCrypto Post published:August 17, 2021 Post category:Bitcoin / BTC price A short squeeze could send BTC/USD far beyond $50,000 if the $48,000 sell wall crumbles. You Might Also Like Are The Rising Bitcoin ETF Volumes The Reason Behind BTC’s Surge to $68K? March 5, 2024 Bitcoin Drops As Federal Reserve Announces No Rate Cuts In June June 12, 2024 Long-term holders sell 325,600 Bitcoin in sharpest monthly drawdown since July 2025 October 29, 2025