Breaking: Bitcoin price takes down $9,000 as $10,000 beckons

FXStreet Team FXStreet

Bitcoin has impressively soared above $9,000 after taking down several key resistance zones in less than 24 hours. The largest cryptocurrency by market capitalization closed the day on Wednesday at $8,790 although it commenced the trading under $7,900. At the time of writing, BTC/USD is trading above $9,050 and could soon break past the next level pat $9,100. Volatility levels are high amid a strong bullish grip. The path to $10,000 remains clear even as the halving in mid-May approaches. A pre-halving rally could see Bitcoin trade above $10,000 in readiness for a post-halving rally to $20,000.

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FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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