Bitcoin Price Gains Above $9.1K as Ether Looks to Rally to $285
Cointelegraph By Keith Wareing's original article for cointelegraph.com reduced by 51%
Bitcoin CME gap Bitcoin price took a dive from $9,265 and closed at $8,804. 88 on Friday, November 8th, in what is becoming quite the predictable event, the CME Gap.Last week many traders were screaming for $8,885 to be filled, and even though this is becoming quite a regular thing, world-renowned Bitcoin hater, Peter Schiff took to Twitter to call for a dump in Bitcoin price. The first thing to consider is that the CME gap is something of an anomaly unique to the Bitcoin price action.
The Bitcoin price usually recovers almost immediately after it's filled. One would hope that the days of seeing the Bitcoin price at this level are over for 2019 it was only a few weeks ago that the majority of Bitcoin bears on Twitter were calling for $6,000 Bitcoin this year. Bitcoin has to first break $9,900 before investors and traders alike can expect a 5 digit Bitcoin.
Should Bitcoin price exceed expectations and march past $10,000 to find support above $10,130, then the digital asset will be set for a bullish MACD cross in the immediate future.
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