Bitcoin gears up for $47K assault — Can BTC price overcome make-or-break resistance?

15 Sep 2021

Bitcoin gears up for $47K assault — Can BTC price overcome make-or-break resistance?

Bitcoin gears up for $47K assault — Can BTC price overcome make-or-break resistance?Bitcoin (BTC) looked set to challenge critical $47,000 resistance on Tuesday amid a perfect storm of dwindling supply and "exhausted" bears.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit local highs above $46,600 on Bitstamp.Bitcoin LTH/STH supply chart. Source: Glassnode

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