Despite have a bad start in April with its price dipping below 7000$, Bitcoin has seen relatively positive gains this month, rising over 2000$. Currently its prices are around 9200$ by today, so many wonder whether Bitcoin can exceed 10,000$?
Yes, there is a high chance of it succeeding 10,000$. Why?
Bitcoin price remains in a decent uptrend with supports at $9,200 and $8,600 against the US Dollar.
There is a key bullish trend line in place with support at $9,150 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
The pair is likely to move further higher and it could soon break the $10,000 hurdle in the near term.
