$BTC Possible rise to $55K

#Bitcoin has formed a nice ascending parallel channel and now we know support and resistance prices in it's general upward movement in the channel.

We also have the previous major trendline that was broken before and the price came back above it by yesterday pump, and now it's acting as support again.

There are so many positive fundamentals for $BTC and in my opinion the huge dumps are due to liquidate leveraged position.