Bitcoin traders celebrate ‘good news’ as BTC price trades above $56K Bitcoin’s weekly close above key support is “good news,” traders said, and today’s rally to $56,500 could be a sign that a bottom is in. Bitcoin (BTC: $57,752) surged above $56,600 on September 9 as markets recovered from an “overreaction” to the August payrolls report. Data from Cointelegraph Markets Pro and TradingView showed that Bitcoin’s price action has gained about 8.3% above the week’s lows of $52,546.
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