Is Bullish Sentiment Accumulating for Bitcoin as the Price Stands Above $10,000
There is a little bit of a bullish sign for Bitcoin when we look closer into the price movement in a shorter time frame. It is clear to see in the 1H chart that the crucial support at $10,000 has been tested multiple times during the past 7 days. However, it seems there is a strong buying power around $10,000 that the bears can not break it. Therefore, Bitcoin’s price is expected to go back to a bullish trend if the price breaks $10,500.
Disclaimer: Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
Follow us on social media!
