Bitcoin Price Retreats from $50K! More Downside Imminent for BTC Price

Bitcoin Price Retreats from $50K! More Downside Imminent for BTC Price

The post Bitcoin Price Retreats from $50K! More Downside Imminent for BTC Price appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin price broke above $50000 for the first time since May on Monday. However, its recovery from a months-long fall stalled.  After a brief consolidation of around $48K. Yesterday, BTC rallied as high as $50321. Recording an 82% recovery since hitting a yearly low of $27700. However, the token failed to keep up the bull …