XBT/USD Price Analysis: Bitcoin Unstoppable Towards $9,000 – BitMEX Margin Trading

Ripple XRP

  • Interest continues to build towards Bitcoin as the $9,000 level beckons.
  • Bitcoin likely reversal will find support at $8,700, $8,500 and $8,400.

Bitcoin keeps soaring to new 2020 highs ahead of the May halving event. It has been predicted that the asset will grow significantly in value following the scarcity and demand likely to be created by the Satoshi Nakamoto four-year rule.

For now, Bitcoin price is teetering at $8,781 after…

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