{"id":414840,"date":"2020-02-17T11:00:18","date_gmt":"2020-02-17T11:00:18","guid":{"rendered":"https:\/\/wncen.com\/?p=414840"},"modified":"2024-06-11T13:42:03","modified_gmt":"2024-06-11T13:42:03","slug":"bitcoin-holding-this-essential-level-will-lead-to-20-rally","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-holding-this-essential-level-will-lead-to-20-rally\/","title":{"rendered":"Bitcoin Holding This Essential Level Will Lead to 20% Rally"},"content":{"rendered":"

Bitcoin has seen quite the turn of events over the weekend; the price of the leading cryptocurrency has whipsawed between $9,700<\/a> and $10,500, failing to establish a short-term trend due to an endless tug of war between buyers and sellers.<\/p>\n

While many analysts and investors have attributed this indecisive price action to a potential topping in the Bitcoin<\/a> market, some are sure the asset is poised to continue even higher<\/a> in the coming weeks, citing the fact the cryptocurrency maintained the $9,500 price point \u2014 a level that has been critical for BTC to hold over the past few months.<\/p>\n