{"id":413999,"date":"2020-02-09T03:05:47","date_gmt":"2020-02-09T03:05:47","guid":{"rendered":"https:\/\/wncen.com\/?p=413999"},"modified":"2024-06-11T13:41:41","modified_gmt":"2024-06-11T13:41:41","slug":"bitcoin-just-hit-past-10000-analysts-even-bigger-boom","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-just-hit-past-10000-analysts-even-bigger-boom\/","title":{"rendered":"Bitcoin Just Hit $10,000: Analysts Expect an Even Bigger Boom"},"content":{"rendered":"

Just minutes ago as of the time of this article’s writing, Bitcoin just hit $10,000<\/a> for the first time since November. BTC’s breaking of this key psychological and technical resistance level<\/a> comes after a few days of the cryptocurrency slowly grinding higher.<\/p>\n

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While the cryptocurrency has yet to make a daily or weekly close above $10,000, analysts say that Bitcoin’s move past this key level is a precursor to an event greater move.<\/p>\n

Here’s more on why top analysts think so.<\/p>\n

Bitcoin’s Move Past $10,000 Sets Price Up for Greater Move<\/h2>\n

According to prominent cryptocurrency trader and commentator LightCrypto, Bitcoin’s move into the five-digit region will likely create a scenario in which the price “teleports to probably $11,000 in an hour.” This would represent a 10% move in an hour, a mere sixty minutes.<\/p>\n

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\/4 If and when we break the $10,000, we teleport to probably $11,000 in an hour.<\/p>\n

— light (@lightcrypto) February 7, 2020<\/a><\/p><\/blockquote>\n