Bitcoin surpasses $ 48,000 with little resistance left before a $ 50,000 retest By CoinTelegraph


Bitcoin surpasses $ 48,000 with little resistance left before a $ 50,000 retest

On September 15th, Bitcoin (BTC) quickly returned to $ 48,000 as it continues to approach a new $ 50,000 test.

Hourly chart of BTC / USD (Bitstamp). Source: TradingViewBitcoin Targets $ 50,000 Data from Cointelegraph Markets Pro and TradingView follows the leading cryptocurrency as it breaks through the weak resistance above $ 47,000 headed towards higher levels of great psychological significance.

$ 47,000 is a significant achievement for the bulls, with the resistance now rising to $ 50,000, which analysts believe should be the next target.

Read the full text on Cointelegraph

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