Bitcoin Price Analysis: BTC Shows Strength Following Bakkt News; Last Buy Opportunity Below …

Bitcoin Price Analysis: BTC Shows Strength Following Bakkt News; Last Buy Opportunity Below $10,000?

In our last Bitcoin price analysis, we mentioned the ‘last hope’ for Bitcoin. Good news for the bulls: the Doji candle on the 4-hour chart kept the price above the significant 4-hour ascending trend line (marked in bold yellow below). The following day, we saw Bitcoin retest the line, finding support after the significant news regarding the Bakkt launch date.