Bitcoin has been consolidating recently above the $8,000 price area which is expected to proceed higher towards the $10,000 price area in the coming days. The market seemed to be settling down currently with not much volatility as expected though the gains are quite stable. As of the current scenario, there is not much to do with the price as there is nothing important going on Fundamentals from any external factors and regulators. Regulators are currently trying to ease the pressure on the cryptocurrencies leading to a sustainable growth which is expected to push the price towards the psychological price level of $10,000. As the price remains above the $7,500 area with a daily close, the bullish bias is expected to continue further.
