Bitcoin bulls make a run on $45K after Twitter debuts crypto tipping

Cointelegraph

Published Sep 23, 2021 03:43PM ET

Updated Sep 24, 2021 05:40AM ET

Bullish optimism is on the rise across the cryptocurrency market on Sept. 23 as prices continue to recover from this week's volatility which was the result of regulatory pressure on the crypto sector, the Federal Open Market Committee meeting on the Fed's interest rate hikes and monetary policy, along with fears that the Evergrande situation would ripple out to impact global financial markets.

Data from Cointelegraph Markets Pro and TradingView shows that after trading in a range between $43,000 and $44,300 during the early trading hours on Sept. 23, the price of Bitcoin (BTC) spiked above $44,800 in the early afternoon and now takes aim at flipping the $45,000 resistance level into support.

BTC/USDT 4-hour chart. Source: TradingView
Daily cryptocurrency market performance. Source: Coin360

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