Bitcoin’s Bull Market is Alive and Well if It Holds Above This Key Level

Bitcoin’s Bull Market is Alive and Well if It Holds Above This Key Level

Bitcoin’s bulls were greatly disappointed to see the strong rejection the cryptocurrency incurred at $9,200 following what appeared to be an incredibly strong rally yesterday evening. The rejection at this level was drive by strong volume and shines a light on the fact that bears still have massive strength in spite of their recent weakness and may also suggest that these recent highs could be a mid-term top for the cryptocurrency.