Bitcoin Starts Convincing Rally To $10K After Short Term Correction: Here Are Key Hurdles

Bitcoin price remained well bid above $9,000 and rallied to a new 2020 high against the US Dollar. BTC is now trading nicely above $9,500 and signaling a strong increase to $10,000.Bitcoin is showing positive signs above the $9,500 and $9,600 levels against the US Dollar.
The price jumped to a new 2020 high at $9,764 and it is currently correcting lower.
There is a major bullish trend line forming with support near $9,460 on the hourly chart of the BTC/USD pair (data feed from Kraken).
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