The BTC/USD pair has recently surged to reach this year's peak at $50,394.50, marking a significant milestone. However, significant resistance looms ahead, particularly around the $57,404 mark. As a result, short-term fluctuations are anticipated, though the long-term outlook remains decidedly bullish.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.