Bitcoin (BTC) tentatively reclaimed $47,000 on Wednesday in a move that analysts believe should open up the path to $50,000.
Bitcoin bulls escape another retest of lows
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding the $47,000 mark Wednesday, this being crucial to flip for bullish continuation.
The level had seen fierce defense by whales the day before, but bulls ultimately won the upper hand, lifting…
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