Bitcoin has since Wednesday stalled under around $50,000. On the downside, immense support between $46,000 and $47,000 has ensured the bearish leg does not stretch further. Meanwhile, BTC has been pivotal at $50,000, unable to make progress above this critical level.
Bitcoin price shows weakness at $50,000, but this crucial technical formation could elevate it to $60,000
coingape.com
14 May 2021 05:32, UTC