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This Technical Sign Will Make Bitcoin “Rip” to $11k and Beyond: Analyst



Bitcoin has finally started to press higher after weeks of consolidation.
Though prices have since retraced to $9,550, the cryptocurrency reached a local high of $9,800 on Monday. This was a more than 5% jump from the weekly baseline price of approximately $9,200.
With the recent strength, analysts have been postulating what will happen when BTC moves above $10,000. One trader, for instance, said that Bitcoin could “rip” higher once it establishes a decisive foothold above that level.
Bitcoin Breaking Past $10,000 on a Two-Day Time Frame Will Lead to Surge
Blockroots founder Josh Rager thinks that Bitcoin could “rip ...

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