Bitcoin Rallies But Is Relatively Stable

Bitcoin up 8% on Monday morning, other cryptos rallying strongly too. But bitcoin largely unchanged from Friday and market is still "trading sideways," an analyst says. Bitcoin is up 8% to $8,732.34 at 8.15 a.m. The London Block Exchange writes in its Monday morning market report: "After a fake breakout above the $8,500 resistance last Friday afternoon, bitcoin finally tested the $9,000 area on Saturday morning, but the attempt was a flop.