BTC price – Page 564

3 reasons why BTC will unlikely trade below $50,000 in the near term

BTC held the $50,000 support while derivatives indicators remained healthy, signaling investors’ optimism.

Federal Reserve Chair Jerome Powell hints that monetary stimulus could be withdrawn thanks to “substantial progress” in the U.S. economic recovery.

Bitcoin has fallen through its recent support at $53,000 as volatility picks up before a record options expiry event.

Elon Musk is “astutely aware” of the impact of options expiry, Zhu Su claims as Tesla sparks an unlikely uptick after a week of losses.

Analysts at Decentrader point to encouraging hodler behavior that suggests that BTC/USD is far from its cycle top at $56,000.

A night of losses pressures bulls as liquidations mount up and $46,000 support looms large.