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CoinGape
2021-03-03 04:07:25

Bitcoin Price Forecast: BTC elevation to $52,000 catches momentum

Bitcoin bounces off short-term support at $47,000 as bulls nurture the uptrend to $52,000. Bulls must defend the support at the 50 SMA on the 4-hour chart to avoid retreats toward $42,000. Bitcoin embraced support at $47,000 on Tuesday following the rejection at $50,000. Losses toward $42,000 had become apparent, especially after the 50 Simple The post Bitcoin Price Forecast: BTC elevation to $52,000 catches momentum appeared first on Coingape.

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