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) $ 63,639.05 3.35%
Ethereum (ETH) $ 3,125.23 1.76%
Tether (USDT) $ 1.00 0.11%
BNB (BNB) $ 590.35 2.36%
Solana (SOL) $ 146.11 3.15%
USDC (USDC) $ 1.00 0.16%
XRP (XRP) $ 0.535002 1.79%
Lido Staked Ether (STETH) $ 3,119.00 1.75%
Dogecoin (DOGE) $ 0.16333 17.95%
Toncoin (TON) $ 5.68 3.78%