Bitcoin unable to make a really clean weekend break

Bitcoin did rise above the noted 54,150 level later on Friday and that helped to deliver some further upside in weekend trading. The lead cryptocurrency rose to as high as 56,620 very early on Sunday morning. Three subsequent attempts to surpass that early high then failed and that led to a pullback to around 54,700 late on Sunday evening. Earlier today it rebounded again, but as yet it has not quite managed to reclaim levels above 56k. Now, owing to the ever shifting chart dynamic that trend line support, if extended into the current price action, comes into play right now at 55,500. Consequently, the current price is now back below this resistance level. However, it remains to be seen if all Bitcoin traders will pick up on that technical fact. If they do, then it is possible that another push lower may play out. Bitcoin really does now need to make a clear and sustained rise above 56,620 if that potential if to be avoided. It is currently trading at 55,275