Bitcoin Price Gears Up For A Spectacular Surge To $11,000 – BitMEX Margin Trading

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  • Bitcoin price stays above $10,200 but the upside is limited at $10,300.
  • The bulls remain relatively in control despite the correction from recent highs at $10,547.

Bitcoin perpetual swap contract trading on BitMEX seems to be catching momentum following the rejection experienced on Friday at $10,550. XBT/USD dived towards $10,000 after clearing tentative support areas at $10,400 and $10,200. A low formed at $10,073 put a stop the declines, allowing the bulls to once again take control of…

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