Bitcoin Price Prediction: BTC rebounds stepping above $50,000 but aiming for $60,000

Bitcoin renews the uptrend following the colossal dip from $58,000. Support at $44,860 played a critical role in the ongoing recovery, leading to gains past the 100 SMA. BTC will fail to rally to $60,000 if support above $50,000 does not hold in the near-term. The cryptocurrency market is still in red, but recoveries have

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