Bitcoinist
2020-06-13 01:00:37

Analyst: If Bitcoin Holds $8,700, the Chances of “Bullish Continuation” Are High

The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline. Just 24 hours after $10,000 was tapped, Bitcoin was trading at $9,050 — almost 10% below the high. Yet a top analyst […]

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