Bitcoin Surges to $9,600: Here’s Why a Bigger Price Explosion Is Expected

In the past 20 minutes, Bitcoin has finally exploded higher out of the weekend range, breaking above $9,500 for the first time since the strong top seen on January the 30th. Per data from TradingView, the cryptocurrency just minutes ago hit $9,620 — rallying 2.3% higher in the span of about 10 minutes.The timing of the surge was eerie: in the same five or ten minutes, Bitcoin surged 2% out of left field as the Shanghai Stock Exchange Composite dropped 8% on the fear of the coronavirus outb