Bitcoin price shows weakness at $50,000, but this crucial technical formation could elevate it to $60,000

Bitcoin has since Wednesday stalled under around $50,000. On the downside, immense support between $46,000 and $47,000 has ensured the bearish leg does not stretch further. Meanwhile, BTC has been pivotal at $50,000, unable to make progress above this critical level. Bitcoin’s consolidation could culminate in a massive upswing Since the breakdown on Wednesday, the The post Bitcoin price shows weakness at $50,000, but this crucial technical formation could elevate it to $60,000 appeared first on Coingape.