Bitcoin Sees Resistance at $50K
Bitcoin price is right under $47K this morning, be nice to see a move upwards and beyond $50K but we shall see
Bitcoin Rangebound Near $50K Resistance; Support at $40K
“Bitcoin (BTC) is stuck in a sideways range as the short-squeeze rally takes a breather. Buyers could start to take profits ahead of the $50,000 resistance level, although support around $40,000-$42,000 could stabilize a pullback.
The world’s largest cryptocurrency was trading around $46,900 at press time and is roughly flat over the past week.”