Bitcoin in a Marginal Range at $ 9,300

The cryptocurrency, Bitcoin, is moving in a limited range on Monday to settle near $ 9,300 for the fourth consecutive session and trades have fluctuated over the past four sessions between $ 9,050 and $ 9,350. The currency fell 0.13% on a daily basis and is currently trading near $ 9306.

The cryptocurrency trading has been in a bullish wave since the low of March 13 near 4000 levels, the currency is likely to continue advancing with the price remaining above SMA 50 on the daily frame, but exceeding the level of 10,500 dollars will confirm the next bullish trend of the Bitcoin.

All of this may be due to the uncertainty and concerns in the markets, especially regarding trade tension between the United States and China.