What Bear Market? Bitcoin Price Rises to $10,500 Eyeing a Breakout
Bitcoin price has defied bearish sentiment, rising once again above the $10,000 mark to set the stage for a promising month of August...
“August could turn out to be a good month”
Trader and market analyst Josh Rager said that BTC/USD moving back above $10,000 is finally showing some nice follow through.
“A close above previous 4hr resistance is a nice sign,” he continued. “The good news about the death cross is that it leads to a golden cross as the 50MA is already starting to turn up.”
Rager concludes that:
“August could turn out to be a good month for price, IMO”
Source of shared Link
