Why Is the $50,000 BTC Support Level Rejecting Further Dips in Bitcoin’s Price? | Headlines | News | CoinMarketCap

02/24/2024 20:52
Why Is the $50,000 BTC Support Level Rejecting Further Dips in Bitcoin’s Price? | Headlines | News | CoinMarketCap

Bitcoin has struggled to fall below the key $50,000 support level recently, despite some periods of sideways price action. The resilience around $50k suggests the market currently sees it as “fair value” for Bitcoin. The influx of institutional investors thanks to new Bitcoin ETF...

Why Is the $50,000 BTC Support Level Rejecting Further Dips in Bitcoin’s Price?

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