Bitcoin Above $10K Is Looming And It Could Spark A Massive Stop Hunt & Rally

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Bitcoin price is rising steadily above $9,500 and $9,750 against the US Dollar. BTC will most likely cross $10,000 and it could ignite a strong rally towards $10,400 or $10,650.

  • Bitcoin is likely setting up for a break above the $10,000 barrier against the US Dollar.
  • Many supports are forming on the downside near $9,700 and $9,500.
  • There is a key rising channel forming with support near $9,710 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • A successful close above the $10,000…

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