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Here’s What Bitcoin (BTC) Needs to Move Ahead of $50K

Bitcoin’s (BTC) price has been moving around $46,500 for the past couple of days failing to consolidate above $47,000 key resistance. The top cryptocurrency started August on a bullish note breaking out of the two-month-long price zone of $30K-$40K. It also broke past the $45K price resistance to record a new two-month high of $46,763.

Bitcoin’s (BTC) price has been moving around $46,500 for the past couple of days failing to consolidate above $47,000 key resistance. The top cryptocurrency started August on a bullish note breaking out of the two-month-long price zone of $30K-$40K. It also broke past the $45K price resistance to record a new two-month high of $46,763.