Home Daily Analysis Crypto Market sentiment Bitcoin Hot! Reversing its Bearish Action and crossing the $10,000 level to...

Bitcoin Hot! Reversing its Bearish Action and crossing the $10,000 level to the Upside!

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One hour ago, we were updating the news that the Bitcoin was crossing its trading range to the downside and that if that candle held, it would mean trouble for the cryptocurrency. Right now, the situation has completely changed. The candle reversed in a 15-minute spike and right now the price is moving above $10,300.



This candle, if it keeps its bullishness, will also keep the price above the descending channel, and officially close the current bearish leg. Unsurprisingly, the rest of the cryptocoins has followed that movement.

 

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