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Cryptocurrency Market News: Bitcoin $50000 bullseye in 2021 – CNBC’s Brian Kelly

Cryptocurrency Market News: Bitcoin $50,000 bullseye in 2021 – CNBC’s Brian Kelly

BTC/USD is struggling to hold above the key $11,000 level. This comes after another rejection from levels above $11,300. On Wednesday, Bitcoin bulls renewed the bullish case pulling the price back above $11,000. The price had spent some time between $10,000 support and $11,000 barrier after a reversal from the 2020 high at $10,400.