Yesterday, Bitcoin rebounded above the $45,000 support and rallied above the $50,000 high. Buyers are still struggling to push the price to the previous highs. In the previous price action, the bulls fail to break the resistance at $58,000.
The rapid digitization of the world caused many players from the traditional finance sector to explore and adopt innovative solutions including cryptocurrency. In its turn, it has brought enough good news to the market to take Bitcoin price to new highs.