Prominent trader suggests Bitcoin could see a correction to below $10,000

Bitcoin has seen quite a sharp decline since June 27, dropping from almost $14,000 to where it currently stands at $10,733.75. despite its correction, the coin is still up around 210% year-to-date, becoming one of the best-performing assets in the global market. However, popular trader Josh rager has suggested that if BTC fails to recover beyond the mid-$10,000 regions, a pullback to $9,000 becomes increasingly likely.

$BTC Daily perspective

Really want price to stay & close above $10,900s to maintain hope

Any break & close below $10,577 would signal a change in trend short term & I’d be looking at low $9ks as the next target on the daily

Still bull market IMO (would only be a pullback)

— Josh Rager 📈 (@Josh_Rager) July 13, 2019


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