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Bitcoin price pushes through $51K, extending bulls’ short-term target to $56K By Cointelegraph

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© Reuters.

It was the early morning momentum that drove (BTCAfter bulls took over control of the markets and bid BTC at $51,900, the prices of Bitcoin remained above $50,000 through Oct. 5.

Source: Cointelegraph Markets Pro TradingView shows that after a brief period of consolidation, bulls resumed their drive higher, and many analysts are watching to see if BTC’s price holds the $50,000 level as support.

Source: BTC/USDT chart for 4 hours Source: TradingView
1-week chart. Source: Twitter (NYSE :