Bitcoin price regains ground above $47,000 after testing $44,000 crucial support mid-week. Roughly 111,000 BTC withdrawn from known exchange wallets, creating a perfect environment for Bitcoin to swing higher. Bitcoin has scared investors this week as it descended to $44,000. Earlier, the flagship cryptocurrency bounced off support at $45,000 and closed the gap to $48,000. The post Bitcoin Price Renews Bid For $50,000 After Nearly $5 Billion Exchange Outflows appeared first on Coingape.