Analysts: Bitcoin Price May “Cool Off” After Rally to $9,700

Bitcoin (BTC) bulls have started to push the cryptocurrency markets into the weekly close, which is set to take place in minutes as of the time of publishing. The leading cryptocurrency is now trading for $9,600 — up a tad under 10% from Saturday’s low of $8,900. Altcoins have largely followed BTC higher, posting similar gains.
While the resurgence from Saturday’s low has made many analysts bullish, there is evidence to suggest that Bitcoin will take a short breather over the n