Data from CoinMarketCap shows that Bitcoin has breached the $9,000 price level and at the time of writing BTC is trading at $9,049.
Prior to this, traders and analysts provided different forecasts. The majority remain bullish. However, their short-term predictions consisted of only the $8,900 goal or around that.
Some of them thought that BTC was likely to reverse and start declining after reaching $8,900.
However, many traders keep saying that the bear market for Bitcoin is over, ‘ant’ (with over 82,000 followers on Twitter) being among them.