Price analysis 9/28: BTC, ETH, XRP, BCH, BNB, DOT, LINK, ADA, BSV, CRO
Cointelegraph
Published Sep 28, 2020 02:16PM ET
Updated Sep 29, 2020 05:40PM ET
Bitcoin (BTC) soared above $10,000 on July 27 and has sustained above this level since then. Data shows that this streak of 63 consecutive days of closes above the $10,000 level is a new record.
This also shows that the level has now become a strong support after previously acting as a stiff resistance. Bulls have consistently purchased dips to and below $10K and this psychologically important level may now act as a floor for launching the next leg of the uptrend.
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Written By: Cointelegraph
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