Bitcoin’s price remains steady at $52,000, indicating potential for further gains towards the $55,000 resistance level. The cryptocurrency is showing positive indicators, trading above $51,500 and the 100-hourly Simple Moving Average. A bullish trend line is also forming with support at $51,500. If Bitcoin manages to clear the $52,800 resistance, it could continue its upward movement. On the downside, immediate support is at $51,500, followed by $50,550. Technical indicators such as the MACD and RSI are in the bullish zone. However, it is important to conduct thorough research and consider the risks before making any investment decisions.
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Bitcoin Price Hold Strong At $52K: Indicators Show Signs of More Upsides
