Calls for Bitcoin Breakout Above $50,000 Grow; 3 Reasons Why
A recent runup in the Bitcoin market has prompted many analysts to see BTC/USD pair breaking above $50,000 in the coming daily sessions.
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Bitcoin has finally begun to move higher after much consolidation over the past week. The cryptocurrency trades for $36,000, having moved 3% higher in the past day. The cryptocurrency is likely preparing for a stronger breakout, analysts say. Bitcoin Jack shared that Bitcoin is on the verge of breaking past two key resistance levels on a daily time frame, assuming the daily candle closes around current levels. MicroStrategy is hosting a Bitcoin even that could […]