Bitcoin price slows down the new parabolic recovery slightly above $55,000. The 200-day SMA provides Bitcoin with the much-needed support to prevent a correction from wiping the gains to $40,000. Bitcoin seems to have started another bull cycle following a lengthy battle in June and July to break the barrier at $40,000. Following the selloff The post Bitcoin Price Prediction: BTC Rally Takes A Hiatus At $46,000 Ahead Of Upswing To $55,000 appeared first on Coingape.
