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Seven Reasons Why Bitcoin Could Explode Past $10,000

Claudia Rivera

Summary: Bitcoin has been in the $9k range for the past few days, leading analyst gave seven reasons why BTC would break higher than $10k, according to newsbtc.  These reasons are: Bitcoin killed the downtrend and took the monthly price support of a 21-month exponential moving average; Bitcoin's Relative Strength Index (RSI) moved above 55 range; ...

Bitcoin has been in the $9k range for the past few days, leading analyst gave seven reasons why BTC would break higher than $10k, according to newsbtc

These reasons are: Bitcoin killed the downtrend and took the monthly price support of a 21-month exponential moving average; Bitcoin's Relative Strength Index (RSI) moved above 55 range; the cryptocurrency moved above the 200 day moving average; there was a bullish cross; Super Guppy indicator started a green trend; Ichimoku Cloud crossed green; the halving is taking place soon.

By Claudia Rivera

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