Friday, July 1

Bitcoin Price Maintains $ 50,000 Level As Analyst Says Weekly Timeframes Confirm Bull Market Is Still Intact By CoinTelegraph

© Reuters. Bitcoin price holds $ 50,000 level as analyst says weekly timeframes confirm bull market remains intact

The price of (BTC) held the $ 50,000 level as support overnight on December 8, amid confidence that the 2021 bull market is not over yet.

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1-hour candlestick chart of the pair (Bitstamp). Source: TradingViewThe Bright Side of BTC Week Data from Cointelegraph Markets Pro and TradingView showed that the BTC / USD pair tested but failed to break above $ 50,000 after hitting local highs of $ 51,990 on Bitstamp on Tuesday.

The pair had accelerated early in Wall Street trading, adding to existing gains from Sunday to give BTC some short-term relief.

Read the full article on Cointelegraph

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