Bitcoin: Analysts Target $10,000 Region in Near-Term as Bears Build Strength

Bitcoin has been incurring increased levels of volatility as of late, which may be partially due to the newly formed inverse correlation between BTC and altcoins. As of late, most major altcoins have been facing strong selling pressure due to Bitcoin’s recent rally, but they appear to get some relief each time it drops.
Importantly, embattled altcoins may soon be able to get some relief, as multiple analysts are now noting that they are targeting the $10,000 region in the near-future for B