A $9,800 Bitcoin is Possible After Overnight Upside Rejection: Analyst

Advertisment Bitcoin bulls should brace for the cryptocurrency to hit the $9,800 valuation, according to an analyst. The pseudonymous entity envisioned the downside scenario after BTC/USD failed to maintain support above $11,200 on Sunday. A high selling pressure around the said level ensued an overnight bearish correction. As a result, the pair fell to as low as $10,750 at one point in time. You want the latest news about Crypto? Then follow us on Google News! “SuperTrend is now flipping bearish and looks to be ready to correct as predicted,” the analyst noted, adding that he has...