Bitcoin (BTC) edged closer to $50,000 on Aug. 22 as concerns over a bearish downturn made a timely reappearance.
“Modestly bearish” signs accompany $50,000 run-up
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting a high of $49,830 on Bitstamp Sunday — itself a three-month record.
The weekend had proven the staying power of higher levels, with even lower volumes failing to spark a comedown.
“So far, so good for…
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