shortterm

Bitcoin Poised for Short-Term Gains Past $51K as MicroStrategy Upsizes Debt Deal

Bitcoin Poised for Short-Term Gains Past $51K as MicroStrategy Upsizes Debt Deal

Bitcoin’s rally could continue in the short term, analysts and traders said, after the largest cryptocurrency by market cap surged on Wednesday to a new all-time-high price above $51,000.  At press time, bitcoin’s price is above 10-hour and 50-hour moving averages on the hourly chart, a bullish signal for market technicians.  “On the hourly time …

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