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Bitcoin Price Breaks Above $10,000 as the Bears Are Going Into Hiding

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Wed, 31/07/2019 - 14:20
Bitcoin Price Breaks Above $10,000 as the Bears Are Going Into Hiding
Cover image via U.Today
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The Bitcoin price has surged above $10,000 on the Binance cryptocurrency exchange at 14:00 UTC. The crypto king is once again in the five-digit territory for the first time since July 27, according to CoinMarketCap data.

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 the BTC price chart
image by binance.com

While the cryptocurrency market is extremely unpredictable, this price spike was quite easy to call. As reported by U.Today, Bitcoin has recently formed a golden cross, a much-coveted bullish indicator that serves as a harbinger of huge price gains, on its three-day chart.

However, Bitcoin has yet to print $11,120, the bearish lower high, to fully embolden the bulls. 

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