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Ethereum and Ripple move sideways

2020.06.11 币圈资讯, 币圈资讯

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Bitcoin trader Josh Rager describes on Twitter that Bitcoin fell below the critical level of $9,040 yesterday, but BTC immediately found new buy orders and was able to initiate a new upward trend. He continues to be bullish for Bitcoin and thinks that Bitcoin could remain within this price range in the next few days or even weeks.The price increase of Bitcoin’s low on March 12, 2020 from just under $3,700 to $9,300 today is a strong development that shows that there is no capitulation of the miners and that the halving has attracted many new investors at this time. Bitcoin has to rise above $9,500 in order to test the $10,500 mark. The resistance along the $9,500 mark is very strong, so he believes that Bitcoin could remain in the $9,000 to $9,400 price range for some time.

作者 : Collin Brown

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