Bitcoin could see further gains after reaching $44,000, say technical analysts

Bitcoin rose above $44,000 briefly on Monday, continuing the momentum from the end of last week and the weekend.

The crypto was trading above its 50-day moving average Monday, for the first time since November, when the cryptocurrency climbed toward its all-time high. Bitcoin’s 50-day simple moving average stands at around $42,838, according to Dow Jones Market Data. 



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