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Bitcoin Price Fails to Hold $10,000 Over the Weekend

© Reuters.   Bitcoin Price Fails to Hold $10,000 Over the Weekend
© Reuters. Bitcoin Price Fails to Hold $10,000 Over the Weekend

It’s becoming more difficult to boost the price of (BTC), and the $10,000 level is proving hard to defend. Over the weekend, BTC prices went through a boom-and-bust pattern, falling from the $10,000 tier to as low as $9,400 within hours.

The trading pattern, jokingly known as the “Bart Simpson”, this time developed within less than a day, as BTC prices climbed rapidly, spiking from the $9,800 range to above $10,000 on Saturday. Later, the coin slid just as fast.

This article appeared first on Cryptovest

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Source: investing.com
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