Analyst: A Break Above 4,300 Could Create Ugly Situation for Bitcoin (BTC) Short Sellers7

After breaking above the ever-so-important $4,000 level, Bitcoin has been able to maintain above this price, but BTC has not been able to garner any significant buying pressure that allows it to climb higher, which could spell trouble for the cryptocurrency.

One analyst is now importantly noting that Bitcoin’s bears are ardently stopping the bulls from pushing BTC any higher, but also explained that a break above $4,300 would create an ugly situation for them, as it would open the gates for further gains.

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