The Market's Favorite Trader Announces the Levels Targeted by Bitcoin Step by Step!
bitcoin surprise development

The Market's Favorite Trader Announces the Levels Targeted by Bitcoin Step by Step!

According to master trader Josh Rager, Bitcoin price needs to close above $ 10,000 on the two-day chart to maintain its rising momentum.


Master trader: Bitcoin needs to close above $ 10,000 on two-day chart

In a recent statement, cryptocurrency trader Josh Rager said that $ 10,000 remains the "mainstay" for Bitcoin price. Josh Rager believes that Bitcoin should close daily above the above-mentioned level in order to record further increases. According to the analyst, such an upward trend will allow the BTC price to climb up to $ 11,000. Bitcoin is stably over $ 10,000 on the two-day chart in 2020. This figure has been a very critical level for the crypto market so far.


Bitcoin price, which rose roughly to $ 10,500 on February 13, dropped 63% in the following month. The leading cryptocurrency approached to restore its annual high level on June 1, but a rally with a local peak of $ 10,429 has become a false move that traps bulls. The indicator of Bloomberg recently signaled that the crypto market was in a negative trend, after Bitcoin dropped to a low $ 9,000 level.

Matt Maley: If $ 10,000 is broken, Bitcoin takes flight!

After a quiet five-day price trend, the bulls stepped in on June 22nd pushed the price to $ 9,800 under the influence of PayPal news. As Bitcoin is approaching five digits, Miller Tabak & Co's chief strategist, Matt Maley, has recently suggested that the price will 'fly' after the price goes above $ 10,000. Momentum is currently a major driving force in the Bitcoin market, so according to Matt Maley, if non-alien Bitcoin breaks $ 10,000, it could explode.

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