Bitcoin Price Remain Below $50K As Investors Remain Worried

From earnforex.com

For the past few days, the price of Bitcoin has continued to trade in a downtrend after falling below the psychological barrier of $50,000. Going into the weekend, the price continues to struggle, falling below $48,000 on March 6. At 18:21 GMT, the price of Bitcoin traded at $48,620. A loss of 1.21% in the last 24 hours. Investors and traders are concerned. Hoping that BTC will break the $50,000 level to resume a bull cycle. It is also expected that a drop below $46,000 will likely open the floodgate for newer lows for the benchmark cryptocurrency. This may mean a terrible change in the momentum and a rise of ... (full story)