Bitcoin price gained pace above the USD 50,000 level. BTC even cleared the USD 50,500 and USD 51,200 resistance levels. It is currently (12:09 UTC) showing bullish signs and the bulls seem to be aiming for a test of USD 52,500.
Besides, most major altcoins are rising steadily. ETH rallied above the USD 4,320 and USD 4,400 resistance levels. XRP might attempt an upside break above USD 0.85. ADA rallied above the USD 1.40 and USD 1.42 resistance levels.
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After forming a base above the USD 50,000, bitcoin price extended its recovery wave. BTC gained pace for a move above the USD 51,200 resistance level. It is now facing resistance near the USD 52,000 level. The next major resistance is near the USD 52,500 level, above
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