Bitcoin prices have been fluctuating close to $10,000, enjoying a series of higher highs. While bitcoin has been gradually appreciating during this period, it has been stuck trading within a relatively narrow range. “Bitcoin is currently in a resistance zone,” said Joe DiPasquale, CEO of cryptocurrency hedge fund manager BitBull Capital. “You could characterize $10,000 as strong resistance,” said Pearlstone. Disclosure: I own some bitcoin, bitcoin cash, litecoin, ether and EOS.

Source: Forbes February 08, 2020 19:41 UTC