$9,500 is Imminent For Bitcoin Despite 5% Intraday Gain: Here’s Why

Bitcoin gained bullish momentum above the key $8,800 resistance. As a result, BTC price surpassed $9,000 and it seems like the bulls are now aiming a test of $9,500.Bitcoin price is rising and it is now trading nicely above $9,000 against the US Dollar.
The bulls are in control and there are high chances of a run towards $9,500.
There is a key bullish trend line forming with support near $8,880 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to accelerate towa