Bitcoin price rally to $12K is meaningless until bulls flip it to support
Bitcoin price is near $12K again but this level may cause more harm than good if bulls fail to flip it to support. On Tuesday Bitcoin (BTC) bulls mustered enough strength to push BTC price slightly above the $12K mark, a level not seen since Sept. 1. Cryptocurrency daily market performance snapshot. Source: Coin360The move occurred after Monday’s (Oct. 19) high volume surge to $11,822 was followed by continued buying into Tuesday, providing enough momentum for bulls to push above the ascending channel to $12,038. BTC futures volume by exchange. Source: Digital Assets DataThe rally to $12K....
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