But the price has just started to rise to just above $9600, but is this just a temporary hike.
BTC/USD 4 day chart by Tradingview
I have been reading all weekend from various sources that due to technical analysis and such indicators as volatility that the price will head sharply down.
But, the price has remained in a range and is just starting to take a direction which is the opposite to what is expected.
Also see: Kraken crypto exchange review
I have invested and small amount in selling Bitcoin and will expect the price to start dropping again soon.
But you never know it might start to rally again to the $10000 level.
What do you think? Comment below...
If you are new to the Cryptocurrency world and would like to open an account we recommend Cex.io.
Disclaimer. This analysis and forecast are the personal opinions of the author that are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Cryptosavvy.co.uk. Readers should do their own research before investing funds.