Experts say bitcoin could be on an upwards trend hoping to break the $50,000 mark permanently.
Jonas Luethy, Sales Trader at GlobalBlock said: “[Bitcoin] is now flirting with the key psychological level of 50k.
“Traders and analysts have identified $51,200 as the next resistance to break through and $48,300 as the key support level.
“While the general sentiment is moderately bullish, a clear break above $51,000 would be needed to see a continuation of this trend.”
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