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Bitcoin Price Tanks to $9,700. Has Its Rally Ended?

The Bitcoin (BTC) price didn't manage to stay above $10,000 for long. After its headline-grabbing rally, it suddenly plunged to an intraday low of $9,731, which could mark the end of this uptrend.
Bitcoin Price
image by @tradingview.com
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This doesn't necessarily mean that the bears are now in the driver's seat. As reported by U.Today, traders expected a "healthy pullback" after Bitcoin's strong weekly close.  

After all, buyers managed to step in rather quickly pushing the BTC price back to the $9,910 level where the leading cryptocurrency is changing hands at the time of writing. 

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