10-02-2020 06:18 via newsbtc.com

Here’s Why Bitcoin Bulls Must Wait For Dip To $9,850 To Enter Again

Bitcoin price climbed steadily above the $10,000 resistance against the US Dollar. However, BTC could correct lower towards $9,850 before it rallies towards the $10,500 area.Bitcoin is currently facing resistance near the $10,200 area against the US Dollar.
The price is now showing signs of a downside correction below the $10,000 level.
There was a break below a key bullish trend line with support near $10,100 on the hourly chart of the BTC/USD pair (data feed from Kraken).
It seems like the bea
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