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) $ 77,931.88 5.10%
Ethereum (ETH) $ 1,540.00 11.84%
Tether (USDT) $ 0.999781 0.01%
XRP (XRP) $ 1.87 9.28%
BNB (BNB) $ 548.39 4.92%
USDC (USDC) $ 1.00 0.01%
Solana (SOL) $ 105.10 8.21%
Dogecoin (DOGE) $ 0.145449 9.66%
TRON (TRX) $ 0.226566 5.09%
Cardano (ADA) $ 0.567359 9.13%
Bitcoin (BTC) $ 77,931.88 5.10%
Ethereum (ETH) $ 1,540.00 11.84%
Tether (USDT) $ 0.999781 0.01%
XRP (XRP) $ 1.87 9.28%
BNB (BNB) $ 548.39 4.92%
USDC (USDC) $ 1.00 0.01%
Solana (SOL) $ 105.10 8.21%
Dogecoin (DOGE) $ 0.145449 9.66%
TRON (TRX) $ 0.226566 5.09%
Cardano (ADA) $ 0.567359 9.13%