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, 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.
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Source: https://cointelegraph.com/news/bitcoin-faces-52k-brick-wall-bitfinex-btc-price-erases-dip