Bitcoin (BTC) $107,663.80 0.99%
Ethereum (ETH) $2,448.06 -0.38%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 148.71684 -0.41%
Cardano (ADA) $0.56 -0.95%
Chainlink (LINK) $13.11 -0.48%
Litecoin (LTC) $84.02 -2.20%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 2.223438 0.34%
Dash (DASH) $19.64 -0.81%
X-CASH (XCASH) 2.0E-6 -0.16%
Dogecoin (DOGE) $0.00 -6.26%

Cryptocurrencies: 26545

Markets: 104011

Market Cap: $3,303,473,035,030

24h Vol: $102,306,633,235

CoinGape

2021-02-17 04:50:13

Bitcoin Price Forecast: BTC hovers above $49,000, eyes glued to levels beyond $50,000

Bitcoin Price Forecast: BTC hovers above $49,000, eyes glued to levels beyond $50,000

Bitcoin renews the push for gains above $50,000 after retesting support at $48,000. The 50 SMA on the 4-hour chart plays a vital role in the push for new record highs. BTC must sustain gains within the ascending channel; otherwise, a breakdown to $40,000 may occur. Bitcoin briefly stepped above $50,000 on most of the The post Bitcoin Price Forecast: BTC hovers above $49,000, eyes glued to levels beyond $50,000 appeared first on Coingape.

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