Bitcoin Analyst Who Predicted 2018’s Bottom Thinks $9,500 Is Next

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While Bitcoin has seen local volatility, the coin is in a tight range on a medium-term basis. The coin has traded between $10,000 and $11,000 over the past few weeks. BTC now trades for $10,650 as of this article’s writing, smack dab in the middle of the range. A top analyst says that Bitcoin is primed to retest $11,000, then undergo a rejection in the coming weeks. This rejection could take BTC towards the CME futures gap around $9,500, the analyst predicts. This analyst is the same one that predicted in the middle of 2018 that Bitcoin would hit $3,200 at the bottom of the bear market. Bitcoin Could Soon Move Towards $9,500 Bitcoin has consolidated in a $1,000 range between $10,000 and $11,000 over the past few days. This consolidation is expected to continue, according to a cryptocurrency analyst who predicted 2018’s bottom price to 1-2%. The analyst shared…

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