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Bitcoin soars past $9,000, is $9,500 the next rendezvous?
Bitcoin bulls are taking advantage of the rising interest of the halving to stage a recovery above $9,000. The dive from highs at $9,466 on Thursday last week found support at $8,400. Recovery from the support hit a snag at $9,200. The retracement that fooled on Monday found support at $8,800, which has given way for the ongoing breakout above $9,000. As mentioned in the price prediction, BTC has a clear path to $9,500. If halving interest continues to mount, Bitcoin could soon soar towards $10,000.
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BTC/USD bulls eye explosive breakout to $9,500 – Confluence Detector
Bitcoin price recovery on Monday closed in on $9,000 but the seller congestion at the same level culminated in losses towards $8,800. Since the surge to $9,500 on Thursday last week, BTC/USD has only been able to retest $9,200 (on Sunday). At the time of writing, the price has spiked above $8,900 and heading towards $9,000. Several subtle resistance levels stand in the way to $9,500. However, with the right volume, proper momentum and the surge above $9,000, BTC/USD could hit levels close to $10,000 before the halving next week. The Confluence Detector resistance and support According to the confluence tool, the ... (full story)
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