Bitcoin Above $10,000 But Downside Risks Remain: Analyst

Bitcoin has close above the $10,000-level in its interim upside correction, but that does not guarantee an explosive price rally.
Noted market analyst Josh Rager said on Thursday that bitcoin could continue trending upwards until it hits $10,854. The level, as he pointed, is acting as a resistance on the daily timeframe graph. The trader also illustrated it with a chart showing how the $10,854 level earlier halted the upside attempts in the bitcoin market.
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