01-09-2019 07:00 via newsbtc.com

Bitcoin (BTC) Price Weekly Forecast: $10K Holds Key For Recovery

There was a major downward move below the $10,000 support in bitcoin price against the US Dollar.
The price is currently correcting higher, but upsides remain capped near $9,800 and $10,000.
There is a major bearish trend line forming with resistance near $9,980 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
There could be a short term upside correction, but the bulls are likely to struggle near $10,000.Bitcoin price is facing a lot of hurdles on the upside near $10,000 again
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