Bitcoin price continued to rise and managed to break through the $50,000 level. This upward trend is expected to continue and potentially touch the $100,000 level this year. Bitcoin continues to show a positive trend has passed its key psychological level, at $50,000, which marks a strong dominance of investor interest. Is it really going back in Bearish, or will it be a minor correction after crossing $50,000. All of that is a confirmation priority for us, by sticking to bitcoin's strong fundamentals over the long term.
We enter into bullish zone and these dumps are the correction. Bitcoin is trading between $47K~$49K for a while. There is a heavy selling pressure, despite that $49K momentum good sign to see further move. Bitcoin market is turning into green, this weekend is going to be massive. As per market a analysis it will goes to 50k shortly.