Bitcoin Price Forecast: BTC battles for new record highs as bulls eye $52,500

Bitcoin lifts off support at $43,500, targeting an upswing towards $52,500. Immediate support has been provided by the ascending parallel channel’s middle boundary. A correction toward $40,000 is still in the cards, especially if the immediate support is broken. Bitcoin price has been proving its ability to rise to record highs after a correction. The The post Bitcoin Price Forecast: BTC battles for new record highs as bulls eye $52,500 appeared first on Coingape.