Bitcoin bulls eye $50K as data show BTC’s liquid supply in steady decline
Cointelegraph
Published Feb 12, 2021 06:00PM ET
Updated Feb 12, 2021 09:40PM ET
On Feb. 12 Bitcoin (BTC) price hit a new all-time high at $48,985 before pulling back to the $46,000 level.
A quick glance at the 4-hour chart shows the top-ranked cryptocurrency trading in what appears to be a brief phase of consolidation but BTC is still maintaining its bullish momentum through a pattern of higher highs and higher lows.
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Written By: Cointelegraph
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