Big Bitcoin Bulls Don’t Want BTC to Dip Below $9000

bull e1572549300693 560x420

It’s Halloween today. It’s also the day when anonymous cypherpunk, Satoshi Nakamoto presented the idea of Bitcoin to the world, 11 years ago. The whitepaper released since then has become a model for censorship-resistant finance. Probably, that’s the reason why strong-headed BTC bulls don’t want the digital asset’s price to ‘dip’. Not at least today. Aggressive Bears Meet Big Bad Bulls As reported by Bitcoinist, a few hours ago, in the given market conditions bitcoin is hogging a little more than 30% of the daily crypto trading volume. Since President Xi’s blockchain-friendly comments 6 days ago, BTC bulls seemed to have come out with renewed confidence to push the market north. This is pretty much evident from the uber sporadic nearly 40% price jump in which bitcoin rallied from $7200 to $10,500. BTC/USD Daily TradingView Chart Noted crypto trader Josh Rager succinctly expressed this concrete bullish behavior in one of…

Read the original article here

IF YOU LIKED THIS ARTICLE CLICK SHARE