Despite Price Surge to $9,000, Bitcoin Not Bullish Yet: Analyst

News BTC | Nov 10, 2019 at 6:00 PM
  • Bart Simpson has graced the Bitcoin market once again.
  • While this slight pump is a move in the right direction for bulls, Bitcoin remains in a precarious territory.
  • Byzantine General pointed out prior to the recent jump higher that the reclamation of the Bollinger Band basis line around $8,700 is “bullish,” as it seemingly confirms that Bitcoin is ready to leg higher.