Bitcoin has recently experienced a significant surge in price and has reached the $50,000 level.
Currently, the price is trading near this key psychological level. If Bitcoin is able to sustain this level, then we may see positive momentum in the entire cryptocurrency market. However, if there is a rejection at this level, the price may fall towards the local support zone of $46,700-$47,200.
Bitcoin has recently experienced a significant surge in price and has reached the $50,000 level. Currently, the price is trading near this key psychological level. If Bitcoin is able to sustain this level, then we may see positive momentum in the entire cryptocurrency market. However, if there is a rejection at this level, the price may fall towards the local support zone of $46,700-$47,200.