Bitcoin bounces from 50-day trend line with $72K BTC price now key focus
Bitcoin traders agreed that BTC price action needed to retake $72,000 to open up the odds of further upside as gold and US stocks gained.
Bitcoin (BTC) returned to $72,000 on Wednesday as gold continued its rebound from four-month lows.
Key points:
Bitcoin price performs a support retest of its 50-day moving average before hitting $72,000.
