Bitcoin price held support at the 50-day SMA on Monday, prompting bulls to retake control for gains above $55,000. A daily close above $55,000 might validate the uptrend to $55,000, but delays are expected in the hurdle between $52,000 and $53,000. Bitcoin is on the verge of a breakout above $50,000 for the first time The post Bitcoin Price Prediction: BTC Closes In On $50,000 But Is The Uptrend To $55,000 Viable? appeared first on Coingape.