Bitcoin is on it’s way back? Race through the psychological us $10,000 limit

The price of a single bitcoin (BTC) is on this Thursday night due to the psychological threshold of $10,000 to be shot after the dip last night for $9.600. According to several analysts, again, the reason for the “hopium” among the investors?

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Bitcoin exchange rate

Bitcoin had in the past 24 hours, and are a great side and makes a small ‘reverse-Bart ” (Simpson, ed.). the pattern on the chart.
Last night, dipte, the price starts at $10.100 to $9.600 for Bitstamp to be today, then quickly scramble up.
Analysts have pointed to the fact that, at $9.400 a key supportlevel is and know the price to clean up to continue.
On a Thursday evening at around 18: 30 or did a burst of volume, the price, the $10,000 to break up.
At the time of this writing, the price is $10.033 on the Bitstamp exchange.

The increase for analysts and investors to again be the reason for the hopium: hope that is the direction in the direction of, the $11,000 is going to go up. Josh Rager posted this chart on Twitter.

In his Telegram to the channel he goes into more detail on the course. He is aware that analysts have compared to a patroontrend of the previous trend. Please refer to the following figure.

Brush, connected to the traderscollectief Blockroots, see the differences between then and now is:
As a result, the bull market was sustained by the retail (private) investors and the market at the moment is still at the mercy of the ‘offshore’ funds.
However, in 2019, there is still no sign of a massive Fear of Missing Out ” (FOMO-rush), among individuals. On Google, there will be fewer searches for bitcoin, according to recent data from Google Trends.
Brush to see for a long time as the market dips, as in november of 2018 and that was the case. If that does happen, then it’s a bit of a disappointment in the direction of a $7,500 can be done.

“But as soon futuresplatform Bakkt, ‘live’, and there are more and more players in the market.
We can see that the $9.000 frontier and seriously defended. We are still in an uptrend that is, the position of the compression can be regarded as a accumulatiefases’.
However, we have purchase orders from $8.500 to $7, 500 for that bargain not to be missed. You don’t want to pass on to $14,000 to go shopping, you have to pay a premium of up to 45%.

Altcoins

The altcoins keep in Ethereum, Stellar, and the Dash is more than good to stand, and to stand up against BTC at a profit.

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