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Bitcoin Price Prediction: BTC could revisit $50,000 as the technical picture weakens

source-logo  coingape.com 11 May 2021 07:51, UTC

Bitcoin has recently closed the gap toward $60,000. However, a monthly high formed at $59,612 cut short the bullish advances. Perhaps due to exhaustion in the bullish camp, a correction came to the picture. The retreat occurred in tandem with other crypto assets like Ethereum’s drop from $4,216 to under $3,800.

coingape.com