Why Bitcoin Price’s Pump Past $9,000 Might Not Be Bullish
From en.ethereumworldnews.com
Over the past hour, Bitcoin (BTC) has absolutely exploded higher, managing to break out of a price consolidation pattern that has trapped bulls and bears on either side for the past few days, or a week, depending on who you ask. In fact, the price of the leading cryptocurrency just tapped $9,175 just minutes ago, surging 3% higher in the past 24 hours. While this is a decisive break above a key psychological and technical resistance level, some think that this may not last. Trader Nebraskan Gooner argued that while he expects for BTC to move towards $9,500, he has some hesitation that his entire move upward is ...
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