Bitcoin has been ready to extend the upward momentum that it’s incurred over the past day. That has allowed it to achieve what seems to be a solid foothold among the mid-$8,000 regions. This foothold could enable bulls to start pushing the cryptocurrency higher. Though it’s necessary to notice that BTC continues to be caught in an exceedingly firm downtrend within the mid-term.
This trend could shortly be shifting. However, as analysts square measure currently noting that BTC could target $9,000 within the near future. With any movement to over $10,000 marking a full recovery from its drop below the lower boundary of the antecedently established drizzling triangle. That it had been caught sure many months.
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