Analyst: Bitcoin (BTC) Bulls Near Exhaustion, Investors Should Be Wary

in #bitcoin5 years ago

For the umpteenth weekend in a row, the cryptocurrency market has rallied. On Sunday morning, Bitcoin (BTC) shot up by some 3%, with the asset breaking past a short-term resistance level. Despite this occurrence, which most analysts see as a signal that the ball is clearly in the bulls’ court, there have been some that are still wary of an impending correction.
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Source: News BTC
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Looks like $9000 is a hard resistance level.

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