According to Tom Lee, co-founder of Fundstrat Global Advisors, FOMO will make bitcoin price rise even more once it reaches $10,000.
Alex Kuptsikevich, FxPro analyst, says:
"Bitcoin has grown significantly over the weekend. Yesterday, the BTC/USD pair exceeded the $9,000 mark, reaching shortly afterwards a 13-month high ($9,324).
The price of the largest cryptocurrency skyrocketed by 20% in just one week. BTC's trading volume exceeded $23 billion yesterday, while the bitcoin dominance index reached 57.4%. This indicator had remained below 60% so far this month, reflecting the rising interest of investors in altcoins. The next resistance level is $10,000."
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