09-02-2020 06:28 via newsbtc.com

Bitcoin Starts Vertical Rally To $11.5K and $12K: Uptrend Isn’t Over Yet

Bitcoin gained traction and recently climbed above the $10,000 mark against the US Dollar. BTC price is now in a strong uptrend and it could soon test $11,560 or $12,100.Bitcoin price is showing a lot of positive signs above the $9,500 resistance area.
The bulls were able to push the price above $10,000, opening the doors for a larger rally.
There was a break above a crucial bearish trend line with resistance near $9,000 on the daily chart of the BTC/USD pair (data feed from Kraken).
The pair is
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