Bitcoin (BTC) takes fresh increase above $10,000; Strong Support Seen at $9988

Bitcoin has been dropping since today morning and this is the second dip below $10,000 against U.S.dollar, which is shown in the chart. BTC manifests a rebound from the mentioned price plunge and has reclaimed the price range above $10,000 recently.

BTC was above $10,040 at 07:30 UT, from where it has traced a bearish trendline. The coin kept slipping down till it saw bottom at $9988.65. as it found support there, Bitcoin started to recover its price and managed to reach above $10,000.

With an increase of 1.21%, the coin cleared the resistance near $10,000 and even crossed above $10,100. At 11:19:45 UTC, Bitcoin has seen a bit downward correction at $,10,093.15 and may see the same further. Read More at CryptoNewsZ...

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