Bitcoin Price Analysis: After $50K Rejection, is BTC in for Further Correction Due to Divergence?

Bitcoin dropped by a small 2.8% today after failing to breach resistance at $50,000 yesterday. The cryptocurrency increased by 22.5% over the past week of trading as it surged higher to meet resistance at $48,570 (1.414 Fib Extension green). Yesterday, Bitcoin was able to breach the significant resistance at $48,570 but struggled to advance above […]
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Author: toutiao