Bitcoin Price Analysis: BTC Bulls Show Utmost Resilience Above $46,000 While Eyeing Liftoff To $50,000

Since the rejection from $50,648, buyers kept Bitcoin price above the 100-day SMA near $46,000. On-chain data by Glassnode reveals increased on-chain demand accumulation as investors eye another liftoff above $50,000. Bitcoin has remained lethargic in its trading since last week. The rejection from $50,548 left investors dejected because their expectation was for BTC to The post Bitcoin Price Analysis: BTC Bulls Show Utmost Resilience Above $46,000 While Eyeing Liftoff To $50,000 appeared first on Coingape.