RATE Group | Bitcoin closes in on $9,000, IOTA and Ethereum Classic bulls unstoppable
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Bitcoin closes in on $9,000, IOTA and Ethereum Classic bulls unstoppable

17 Jan Bitcoin closes in on $9,000, IOTA and Ethereum Classic bulls unstoppable

Posted at 07:57h in Cryptocurrency News by

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  • Bitcoin price is fundamentally ready to push above $9,000.
  • Ethereum Classic incredible breakout smashes above the $10 stubborn resistance.

Sounds of happiness and cheer fill the cryptocurrency space on Friday following an impressive turnaround from the drab start during the Asian session, to incredible upward movement in the European session. The majority of the major cryptocurrencies are in the green with gains between 1% and 20%. However, Dash is still languishing in selling activity; it is down 2.39% on a daily basis.

Bitcoin market update

Bitcoin is ending the week’s trading with a bullish bang after gains on Friday pushed closer to $9,000. The week’s trading has been eventful as Bitcoin broke various resistance zones towards $9,000. However, a pause at levels marginally above $8,900 earlier this week, resulted in a reversal under $8,600.

It appears that retracement was necessary for the creation of fresh demand. The bulls have also increased their…

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