Can the Bitcoin Price Remain Above $9,000 Today? – The Merkle

With all cryptocurrencies suffering from a temporary setback as of right now, it will be interesting to see where the industry will go next. Although the Bitcoin price is on the decline as we speak, it seems things will only improve from here on out. As is usually the case with any temporary dip, the price action needs to be taken in stride first and foremost. Remaining above $9,000 will be the top priority for the Bitcoin price, but doing so may be challenging.

What Comes Next for the Bitcoin Price?

While most people are hoping for the Bitcoin price to surpass $19,000 later this year, it remains to be determined whether or not that can effectively be the case. The current momentum is still rather bullish, although there is a very good chance we will some setbacks along the way. Over the past 24 hours, there has been a minor Bitcoin price dip, although nothing out of the ordinary either.

Anyone who has followed the Bitcoin price momentum for some time now will…