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.
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