Horus is a certified crypto zealot, finance writer, and a steady swing trader. He is passionate about blockchain’s capacity to transform cities, commerce, and the entire banking system as we know it. Dune bashing, camping, and working with kids are his non-crypto interests.
The recent golden cross between key moving averages has Bitcoin traders wondering if a strong upside move to $10,500 is in the making.
Bitcoin Just Painted a ‘Golden Cross’ But Is $10,500 Now Achievable?
After a 20% gain since halving, a sharp 5% drop in Bitcoin price provided a necessary retest of key support while most buying interest is still further down.
Bitcoin Dip-Buyers Are Now Watching This Level After Another 5% Drop
Surging trading volume and a push above a key resistance hint that Bitcoin price is back en route to $10,000.
Two Key Metrics Suggest Bitcoin Price Is Back on the Path to $10,000
Bitcoin halved successfully and even though BTC failed to rally investor sentiment remains bullish.
BTC Halving Tweets Show Investors Remain Bullish on Bitcoin Price
Bitcoin bulls are attempting to reclaim $9,000 but resistance at $8,800 is holding back the recovery.
Bitcoin Price Bounces at Key Trendline Support 1 Day Before BTC Halving
Bitcoin price drops by 15.30% just 2 days before the block reward halving.
15% Correction Drops Bitcoin Price to $8,100 Days Before BTC Halving
Bitcoin has been unable to stay above the psychological barrier of $10,000 with just three days remaining before miner block rewards are cut in half.
Bitcoin Rally Stalls at $10K But Dip-Buyers Should Watch These Levels