Why Analysts Think $9,000 is Next After Bitcoin’s Pump to $8,300
Bitcoin (BTC) has continued to rip higher over the past few hours into the daily close. As of the time of writing this article, the cryptocurrency has just breached $8,300 for the first time in some six weeks, reaching as high as $8,360 as bulls have stepped in en masse.
While some say it is too early to tell whether or not this is a full-on reversal, analysts are becoming certain that Bitcoin has legs to run to at least $9,000 from here. Here’s why.Bitcoin Price Has Legs to Run, Analysts
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