By CCN Markets: In the past week, the valuation of the crypto market has increased from $252 billion to $288 billion by over $36 billion as the bitcoin price climbed to $9,391 on major exchanges like Bitstamp and Coinbase. According to traders, bitcoin has been “extremely bullish” in recent weeks based on technical indicators and is set to see resistance at $9,500 in the near term. Can crypto market and bitcoin continue to sustain momentum Up until December 2018, the general sentiment around the near to medium term performance of the crypto market was gloomy; investors foresaw a brutal bear
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