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Bitcoin is heating up to hit $10,000, says analyst

Bitcoin and cryptocurrency analyst, who goes by the Twitter handle, Crypto Rand, expects for the world's number one cryptocurrency to break to the upside and potentially hit the $10,000 level.
Bitcoin is heating up to hit $10,000, says analyst
In a recent tweet, popular Bitcoin and crypto analyst Crypto Rand, suggested to his 212K Twitter followers, that he expects Bitcoin to trade within a triangle for the next few weeks, and then make an upwards break, all the way to the $10,000 price mark.
As the analyst shows in his graphic, the only key resistance holding Bitcoin back from reaching such highs is the $8,400 resistance level.
Another popular crypto analyst, The Crypto Dog, joins Crypto Rand's sentiment, and point out that it has been one 'Hell of a bullish weekly close on Bitcoin with near record-breaking volume', adding that this solidifies 'the strength and validity of this rally'.
Just yesterday Chepicap reported that nobody expected the world's number one cryptocurrency to bounce back this quickly from recent events, as Bitcoin denied the flash crash and showed a confident bounce back to the $8,100 price levels.
Crypto trader & investor, Josh Rager, suggested that if Bitcoin manages to close its weekly candle closer to $8,216, a move to $9,600 could be in the cards. 
However, at the moment, Bitcoin is trading at around $7,778 and is showing a loss of -2.60% on the day.



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