Bitcoin faces $52K 'brick wall' at Bitfinex as BTC price erases 4% dip

Bitcoin could see trouble cracking through newly-laid ask liquidity above $50,000, the latest analysis concludes.

Bitcoin (BTC) faces a new battle to overcome “densely packed” resistance as $50,000 becomes the BTC price focus.

In a thread on X (formerly Twitter), popular analyst Cole Garner spotlighted crypto exchange Bitfinex.

Despite dipping nearly 4% on Feb. 13 due to surprise United States inflation data, Bitcoin has already canceled its losses and even set a new two-year high.

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