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BTC price further crushes resistance, nears $53K on El Salvador ‘Bitcoin Day’ By Cointelegraph

BTC price further crushes resistance, nears $53K on El Salvador ‘Bitcoin Day’

(BTC) targeted $53,000 on Sep. 7 as fears of a fresh BTC price dip faded above crucial resistance.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new highs of $52,960 on Bitstamp overnight.

Bitcoin miner net position change annotated chart. Source: Glassnode