Bitcoin Price Blasts Past $10,000, Negating Bearish Case

Libra Coin News
Thu, 09/19/2019 - 17:12
Alex Dovbnya
The Bitcoin price has crossed the psychologically important price mark despite bearish forecasts
Cover image via U.Today

The Bitcoin price is once again in the five-digit reality. BTC has surged above $10,000 at 16:30 UTC, delivering a blow to the bears who hoped for a pullback below the $9,400 level.

As reported by U.Today, the crypto king witnessed its price plunging to the $9,600 level at 3:15 UTC.

Prior to that, the coin’s volatility dropped to the lowest level since May, which was a harbinger of a major price move.

At the time of writing, Bitcoin is trading at $10,031, according to data provided by CoinStats.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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