The Bitcoin (BTC) price didn't manage to stay above $10,000 for long. After its headline-grabbing rally, it suddenly plunged to an intraday low of $9,731, which could mark the end of this uptrend.
This doesn't necessarily mean that the bears are now in the driver's seat. As reported by U.Today, traders expected a "healthy pullback" after Bitcoin's strong weekly close.
After all, buyers managed to step in rather quickly pushing the BTC price back to the $9,910 level where the leading cryptocurrency is changing hands at the time of writing.