Bitcoin jumped above $9,500 on Wednesday, ending a four-week-long low-volatility squeeze.
Now the cryptocurrency looks set to climb toward the psychological hurdle of $10,000, as suggested by several factors.
1. Volatility returns
2. Institutional interest rising
3. ‘Risk-on’ markets
Disclosure: The author holds no cryptocurrency at the time of writing.
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Author: Refer to Source Omkar Godbole