The recovery of Bitcoin It was resumed this Wednesday in the European session. The world’s leading cryptocurrency has reached a new historic ceiling since its existence at $ 35,865. At time of writing, BTC / USD is trading above $ 35,245, gaining 3.53% on the day.
Bitcoin bulls are now pointing as new goal to $ 50,000 zone. Immediate resistance appears around $ 36,000. If passed, the rise can extend above $ 40,000, reaching 50,000 by the end of the week.
In case of backtracking, the first support awaits at $ 34,000, an area that can avoid falls to $ 30,000. In the event that Bitcoin falls to this region, the bearish action can lead to $ 28,000.
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