Bitcoin $10,000 – This weekend or next?

Bitcoin gained 4.74% on Saturday, reversing Friday’s 4.1% fall, to end the day at $9,342.9. The week’s see-saw continuing, with Bitcoin having been unable to string 2 consecutive days of gains together since Monday and Tuesday’s moves that ultimately ended in a reversal on Wednesday.

In spite of the intraweek falls, the good news is that Bitcoin has managed to gain 6.3% for the current week, Monday through Friday and, more importantly, break back through to $9,000 levels and get ever closer to the much talked about $10,000.

Bitcoin’s intraday high $9,500 and low $8,750 came within the same minute through the early part of the morning, Bitcoin managing to reverse the slide through the 23.6% FIB Retracement Level of $8,996 to resume the upward momentum and hit a post spike high $9,437.6 before easing back to $9,342.9 by the day’s end.

For the Bitcoin bulls in search of $10,000, hitting $9,500 and ending the day above the first major resistance level of $9,216.87 was key, the…