Bitcoin price started a strong increase above the $50,000 zone against the US Dollar. The price is now trading above $50,500 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $51,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair The post Bitcoin Price Analysis: BTC Rallies Toward $53K, Eyes More Upsides appeared first on Live Bitcoin News .