Bitcoin’s Dramatic Movement Brings the Price $9,654

Bitcoin (BTC) News

Bitcoin was spotted with amazing momentum, a few days back. The currency touched $10, 000 and helped traders to take a sigh of relief. However, the currency dribbled to $9,600 yesterday. Fortunately, the BTC price recovered in a day. Today, the coin is again experiencing heavy pressure. The price is still around $9,600. The coin could drop to $9,500, but the chances of improvement are ripe. In the coming days, the coin might be seen around $10,000 again.

Bitcoin Price Analysis

Bitcoin (BTC) Price News

Bitcoin was trading at $9,610 on yesterday’s opening hour, and then, it plunged to $9,579 and again escalated to $9,668. From this price point, the BTC price dropped slightly and reached $9,638. The currency improved to $9,745 at 04:04 UTC, and then, it dropped to $9,622 by a moderate fall. From this low, Bitcoin marked a steep hike and reached $9,756 at 12:52 UTC. The currency plunged again to $9,675. Then, it escalated to $9,741. The currency dropped to $9,604 at 20:03 UTC, but the recovery in the price brought Bitcoin value to $9,723 by 1.24% hike. The closing hour again spotted an improvement sign. The price counter traveled from $9,635 to $9,718. The intraday movement in the coin exhibited a marginal progression.

Today, BTC reflected upsurge at the beginning of the day. Then, it dribbled to $9,630 from $9,713. The coin improved to $9,658, but in the next hour, it dropped to $9,603, and recently, the price escalated to $9,654. It is likely to be tilted towards the immediate support level at $9,609. However, if Bitcoin reverses the ongoing trend, the price could be seen climbing to the immediate resistance level at $9,743.

Lori Gilbert

Lori Gilbert is a tech enthusiast and an early crypto investor, she has been trading BTC for years now and believes the crypto space hasn’t seen real highs yet. She is always looking at new upcoming growth in bitcoin and crypto revolution.

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