Bitcoin price today: setting new highs in 2020, approaching $ 10,000

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Bitcoin price increased by 7% during the day
In the last 24 hours, Bitcoin has increased by more than 7%. Bitcoin price has reached $ 9,750, breaking key resistance at 9,400. The last time BTC had this price was in October 2019.

However, at the time posted, the Bitcoin price had adjusted slightly and was being traded at $ 9,600, still up 4% in the past 24 hours.

Bitcoin recently formed a gold cross when the MA50 crossed above the MA100. In this remarkable increase, Bitcoin's next target could be $ 10,000. However, we need to track the Bitcoin price movement around $ 9,550. See if this threshold can become a support or not.