18-02-2020 01:02 via newsbtc.com

Fractal: Bitcoin May Soon Go Near-Vertical, Ripping Past $10,000

On Monday, for the third or fourth day in a row, the price of Bitcoin continued to correct lower. The cryptocurrency, at its worst on Monday, fell to $9,500 — just under 10% under the $10,500 peak seen the prior week.
Despite the strong retracement, there have been a number of cryptocurrency investors and traders suggesting the recent move may actually be a precursor to an even greater thrust higher.
One analysis, in fact, suggested that Bitcoin could soon rally surge past $10,000 yet agai
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