Will Bitcoin Go To $50,000 Today? BTC Buying Pressure Appears to Increase

Buying pressure appears to be mounting in Bitcoin markets, according to the so-called “Coinbase Premium,” which measure the difference in BTC’s Therefore, while Bitcoin has waffled over $49,000 over the last few days, definitive movement over $50,000 could be imminent. At press time, the price of Bitcoin on Coinbase was $47,288.80; this was roughly $50 more than its price on Binance, where the price was $47,228.40. Coinbase’s price data plays a particularly important role in the short-term movements of Bitcoin because of the large amounts of retail users...