Bitcoin price hits $50K after bullish outlook from Citigroup and Goldman Sachs
Cointelegraph
Published Mar 01, 2021 08:07PM ET
Updated Mar 02, 2021 05:20AM ET
On March 1 cryptocurrency investors woke up to the sight of Bitcoin (BTC) rising from it weekend correction to $44,000 as the market found its bullish momentum and altcoins rebounded from their swing lows.
Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin increased 16.6% from its low of $43,504 on Feb. 28 to the $50,000 level which bulls are attempting to flip back to support.
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Written By: Cointelegraph
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