{"id":456314,"date":"2021-02-09T13:00:18","date_gmt":"2021-02-09T13:00:18","guid":{"rendered":"https:\/\/ktsl888.com\/?p=456314"},"modified":"2024-06-11T14:13:13","modified_gmt":"2024-06-11T14:13:13","slug":"bitcoin-eyes-50k-with-weaker-dollar-stimulus-and-tesla-in-focus","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-eyes-50k-with-weaker-dollar-stimulus-and-tesla-in-focus\/","title":{"rendered":"Bitcoin Eyes $50K with Weaker Dollar, Stimulus, and Tesla in Focus"},"content":{"rendered":"

Bitcoin rally paused after notching a new record high on Tuesday, suggesting that its supersonic rally in the previous session might pare a portion of its gains.<\/p>\n

\"Bitcoin,<\/a>
Bitcoin corrects lower after hitting $48,200. Source: BTCUSD on TradingView.com<\/figcaption><\/figure>\n
Bitcoin corrects lower after hitting $48,200. Source: BTCUSD on TradingView.com<\/a><\/pre>\n

The benchmark cryptocurrency headed for its most robust one-day performance in more than three years as its price surged to $46,750 from $38,871 on Monday. The euphoria sustained into the next day’s Asian session, with BTC\/USD hitting another historical peak level of $48,200<\/a>.<\/p>\n

Nevertheless, sellers took control at the top, causing a minor drop as the market entered the European session. On the other hand, analysts remain convinced that Bitcoin will rise towards $50,000 in the coming sessions.<\/p>\n

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$50,000 incoming for #Bitcoin<\/a><\/p>\n

— Micha\u00ebl van de Poppe (@CryptoMichNL) February 9, 2021<\/a><\/p><\/blockquote>\n