Cryptocurrency
Bitcoin Now in Firm Bull Territory; Here’s Why a Move to Fresh 2020 Highs is Imminent
As reported by NewsBTC, “Bitcoin (BTC) saw some intense bull-favoring volatility this morning when the cryptocurrency rallied from $9,600 to over $10,000, with the latest upwards movement marking an ardent defense of the support that exists around $9,500. “This latest break above $10,000 may lead the cryptocurrency to see significantly further upwards momentum, as it […]
As reported by NewsBTC, “Bitcoin (BTC) saw some intense bull-favoring volatility this morning when the cryptocurrency rallied from $9,600 to over $10,000, with the latest upwards movement marking an ardent defense of the support that exists around $9,500.
“This latest break above $10,000 may lead the cryptocurrency to see significantly further upwards momentum, as it has marked a notable increase in the strength of BTC’s current technical situation.
“It is important to note, however, that the benchmark crypto may first see a pullback that leads it as low as $9,900, with a continued defense of this level making it a prime spot to enter fresh positions…”