In all peace and quiet, Bitcoin has gone through $50,000 and is still lingering there for a bit.
No huge price rise or a new big increase. Bitcoin has quietly moved through the $50,000 exchange rate and sits here as if it were a comfortable chair. The price value was reached around 07:00 this morning. Since then, the price here continues to fluctuate a bit.
At the time of writing, the value is at $50,150. The highest level to date was reached at nearly $50,400 Coindesk. It will have been a moment for many who have been on the dip of recent weeks to take a profit. The other group, who bought at the peak of more than $60,000, will look at the price very differently. This group is still under water and hopes that Bitcoin does not hang on to that $50,000 for too long and continues to rise.
For many, the 50k was a psychological course. Now that it has been broken, the way up can be open. Caution is advised, however, and you can see that now. In recent hours there is a lot of calm to be discovered and the Bitcoin train is still at the 50k station. When the train leaves and whether it continues or retreats, we will see the coming hours.
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