The daily chart of Bitcoin price started with a downward trend from $57,996 to $56,990. On the 4-hour map, a bullish trendline has developed with support near $ 56,533. On Thursday, Bitcoin broke through $55,000 resistance and cleared many upside resistances. Until correcting lower near the $56,.685 support mark, the coin reached $58,137. The stochastic oscillator, which is signalling a bullish trend, is being used by the bulls.