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.”

https://www.coindesk.com/bitcoin-rangebound-near-50k-resistance-support-at-40k

 

Master Asked on August 17, 2021 in Bitcoin.
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