21.05.2020 BTC Daily Analysis

21.05.2020 BTC Daily Analysis

Bitcoin is trading above the $9,600 and $9,500 levels against the US Dollar. BTC price is showing positive signs and it seems a few steps away from smashing the $10,000 resistance. Bitcoin price is trading above a few important supports near the $9,560 and $9,500 levels against the US Dollar. BTC price seems to be trading inside a contracting range and it recently tested the $9,900 zone. Bitcoin giveaway scams claiming that celebrities are giving away bitcoin or other crypto currencies are on the rise as unemployment grows during the coronavirus pandemic and resulting in economic crises. Videos featuring live interviews with Virgin Galactic Chairman Chamath Palihapitiya and a “5000 BTC Giveaway” have been regularly appearing on Youtube.