Bitcoin could see trouble cracking through newly-laid ask liquidity above $50,000, the latest analysis concludes.
Bitcoin (BTC) faces a new battle to overcome “densely packed” resistance as $50,000 becomes the BTC price focus.
In a thread on X (formerly Twitter), popular analyst Cole Garner spotlighted crypto exchange Bitfinex.
Despite dipping nearly 4% on Feb. 13 due to surprise United States inflation data, Bitcoin has already canceled its losses and even set a new two-year high.