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) $ 98,500.39 4.48%
Ethereum (ETH) $ 3,367.17 9.30%
Tether (USDT) $ 1.00 0.15%
Solana (SOL) $ 257.11 8.68%
BNB (BNB) $ 623.47 2.34%
XRP (XRP) $ 1.22 10.19%
Dogecoin (DOGE) $ 0.387351 1.90%
USDC (USDC) $ 0.999464 0.18%
Lido Staked Ether (STETH) $ 3,368.16 9.57%
Cardano (ADA) $ 0.817115 1.31%