Bitcoin Price Prediction: BTC goes ballistic trading new record highs at $47,450, next target at $54,000

Bitcoin spikes to $47,450 for the first time after closing the day above $40,000. The technical breakout eyes $53,620, suggesting that the top is nowhere near. BTC’s list resistance path is still on the upside as projected by the MACD. Bitcoin resumed the uptrend on Monday after confirming support at $38,000. Closing the day above

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Author: toutiao