On February 12th, the Bitcoin price finally hit the $50,000 barrier for the first time in two years, marking a significant milestone with a 3.8% increase within the day. This surge pushed Bitcoin past the previous resistance level of $49,000, effectively reversing the losses triggered by the introduction of a spot BTC ETF. Is this recovery on track to surpass BTC’s historical peak of $68,789?
What’s Next For Bitcoin Price As 7 Days Winning Streak Hits $50k?
coingape.com
12 February 2024 20:40, UTC