Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.
The Bitcoin price has created a bullish hammer on the daily time-frame.
It has reclaimed the 50-day MA and it is following a short-term ascending support line.
There is long-term resistance and support at $9,900 and $9,300, respectively.