{"id":411528,"date":"2020-01-19T06:00:01","date_gmt":"2020-01-19T06:00:01","guid":{"rendered":"https:\/\/wncen.com\/?p=411528"},"modified":"2024-06-11T13:40:43","modified_gmt":"2024-06-11T13:40:43","slug":"bitcoin-massive-rally-10k-11k","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-massive-rally-10k-11k\/","title":{"rendered":"Bitcoin On The Brink Of Massive Rally And Only 1 Thing Is Holding It Back"},"content":{"rendered":"
Bitcoin is climbing steadily above $8,800 and $9,000 against the US Dollar. BTC price could start a massive rally towards $10K and $11K if there is a daily close above $9,300.<\/em><\/p>\n
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Bitcoin price is gaining momentum above the $9,000 resistance area against the US Dollar.<\/li>\n
A new 2020 high is formed near $9,185 and the price could continue to rise.<\/li>\n
There was a break above a crucial declining channel with resistance near $8,475 on the daily chart of the BTC\/USD pair (data feed from Kraken).<\/li>\n
The pair is now facing a significant resistance near $9,300, above which it could test $10,000.<\/li>\n<\/ul>\n
Bitcoin Price Could Revisit $10K Soon<\/h2>\n
In the past few days, there were steady gains in bitcoin above the $8,000 and $8,200 resistance levels. The recent rise gained pace after BTC surpassed the $8,500 resistance area<\/a>.<\/p>\n