The price of BTC reached USD 48,000, and there was almost no resistance before the USD 50,000 retest

Bitcoin (Bitcoin) It quickly rebounded to 48,000 USD on September 15th, because BTC/USD continued on the path of retesting at 50,000 USD.

BTC/USD 1-hour candlestick chart (Bitstamp). Source: TradingView

Bitcoin’s goal is $50,000

Data from Cointelegraph Markets Pro with Transaction view Track the largest cryptocurrency as it beats the thin resistance above $47,000 and enters a significantly higher level of psychology.

pass through $47,000 is a substantial gain for the bulls, Analysts said that resistance subsequently rose to the $50,000 mark, and the area should be next.

Cointelegraph writer Michaël van de Poppe said: “At the moment, we are looking for potential breakthroughs to break the range highs.” In his latest YouTube update Earlier in the day.

Van de Poppe revealed that he is not sure whether there will be a breakthrough at this stage, but if it does happen, the $50,000 retest will be “very important.”

“In my opinion, this is the last hurdle before we actually hit a new all-time high,” he added, selling and then retesting $50,000 as a support level.

A look at the latest trading positions on the major exchange Binance confirms that the resistance wall in the corridor of more than US$40,000 to US$50,000 is growing.

BTC/USD buy/sell levels (Binance) as of September 15. Source: Material Indicators

With the return of Cardano, Polkadot cools gains

On Wednesday, altcoins were also in a widespread celebration, and Cardano (Have) And Binance Coin (Bitcoin) Have increased by more than 6%.

related: Bitcoin is now above $10,000 for a whole year

The two best-performing tokens in the top ten cryptocurrencies surpassed the booming Polkadot (DOT) before, which fell by 4% that day.

DOT/USD 1-hour candlestick chart (Kraken). Source: TradingView

The largest altcoin Ethereum (Ethereum) Rose 3% to close to $3,500.