Bitcoin has managed to establish a foot hold above $50K despite the DXY strength and not-so-steady stock markets.
The cryptpucurrency's quick recovery from below the 5-week SMA, validates the bullish bias signaled by that ascending technical line.
As such, a move to fresh record highs above $59K looks likely.
The cryptpucurrency's quick recovery from below the 5-week SMA, validates the bullish bias signaled by that ascending technical line.
As such, a move to fresh record highs above $59K looks likely.