Bitcoin Price Analysis: BTC/USD Spikes Above $9,800, Is $10,000 The Next Stop?

Bitcoin price renews the trend towards $10,000 after reclaiming the ground above $9,800. BTC/USD is trading within the confines of an ascending channel whose support remains key in the fight to $10,000. Bitcoin bulls have been keen on pulling the price above $10,000 in spite of the lock-step trading experienced this week. First, there was