Bitcoin Price Prediction: Will $BTC Recovery Surpass $50000 in December?

Bitcoin Price Prediction: After witnessing uncertainty for the major portion of November, the Bitcoin price started picking up momentum in the last week. Starting from $35,682 low the recovery surged 17.12 to reach a current trading price of $41,743. However, a look at the technical chart shows this upswing is still confined within an expanding channel pattern, which could significantly alter the near future trend.