Since reaching $10,500 last week, Bitcoin (BTC) is in a quiet state, trading within a narrow range between $9,000 and $9,500. At the time of writing this article, the leading cryptocurrency is changing hands for $ 9,250, quoting 1% on the day.
According to many analysts, this rapid consolidation, which as some ask BTC to return below $9,000, is a sign that a short-term recovery is internal. A rally that could once again bring Bitcoin closer to $10,000.
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