Bitcoin Price Prediction: BTC Price Hovers Near 50-day EMA; Is $40,000 Possible?

BTC price finds some solace after the two days of the continuous sell-off. After consolidating the price shows an increased selling pressure that pushed it toward the immediate support level. BTC’s price manages to sustain to pause the previous sell-off. More downside toward $40,000 cannot be ruled out if falls below the 50-day EMA. A

The post Bitcoin Price Prediction: BTC Price Hovers Near 50-day EMA; Is $40,000 Possible? appeared first on CoinGape.

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