Bitcoin price rallied to a new all-time high near $50,665 against the US Dollar. The price is now consolidating above $48,500 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $50,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely...The post Bitcoin Price Analysis: BTC Could Rally Further Above $51K appeared first on Live Bitcoin News.