CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, LITECOIN News, RIPPLE News From Holding Bitcoins, Why BTC Could Rise Above $ 50k Bitcoin price rose above $ 48,000 but did not reach around $ 50,000 against the US dollar. After trying to overcome the $ 50,000 resistance, bitcoin began a downward correction. BTC fell below the support levels of $ 49,500 and $ 49,000. The price even traded below the 23.6% Fibonacci retracement level of the upward movement from the swing low of $ 43,000 to the high of $ 50,190. It even fell below the $ 48,000 support level. However, the bulls managed to defend the $ 47,000 support zone. Ethereum lacks momentum above $ 1,550, why drop is likely to be capped Ethereum struggled to break through the $ 1,600 resistance and corrected lower against the US dolla
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