Crypto Analyst: Bitcoin Price Drop Below $10,000 Was a Bull Trap

Last week, Bitcoin price fell below $10,000 yet again, and with the break of support, much of the market turned bearish and began calling for lows around $8,000 to be tested. However, before the long Labor Day weekend concluded, Bitcoin price was back well above $10,000, and is already closing in on $11,000 not even 24 hours later.The post appeared first on NewsBTC

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Bitcoin (BTC) $ 99,073.54 1.57%
Ethereum (ETH) $ 3,389.97 8.58%
Tether (USDT) $ 1.00 0.13%
Solana (SOL) $ 262.59 9.00%
BNB (BNB) $ 635.48 3.98%
XRP (XRP) $ 1.39 24.89%
Dogecoin (DOGE) $ 0.396258 2.74%
USDC (USDC) $ 1.00 0.12%
Lido Staked Ether (STETH) $ 3,390.48 8.60%
Cardano (ADA) $ 0.88419 12.37%