Bitcoin Price: Bears Resisted $10K – It’s Overvalued, Analysts Say
Bitcoin price (BTC) has been struggling to reach the $10K mark over the last two months despite BTC moving beyond the $9,900 level several times during the weekend. Bears have successfully defended the $10K spot as Bitcoin price plummeted below $9400 level in this mornings trade.
The bull-run in the largest coin that started on Thursday, lost its momentum early today. Goldman Sachs increasing involvement in cryptocurrency along with the developments in altcoin blockchain technologies supported the latest uptrend.
Source Image: coinmarketcap.com
Bears, however, are focusing on a “caution” rating ...
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