Bitcoin (CRYPTO: BTC) is worth over $50,000 once again, spurring bulls to act once again.
What Happened: According to CoinMarketCap data, Bitcoin brushed the $51,000 price level after seeing a price increase of over 5% from its 24-hour low of $48,457 up to $50,912.
According to market analyst Michaël Van De Poppe, the final resistance before Bitcoin can resume the bullish trend is located in the $50,712 area, while the RSI currently standing at 61.69 already invalidated the bearish divergence signal by falling under 70.
What Else: Van De Poppe also....More>>>