Taking Out $12K Leaves “Clear Skies” For Bitcoin To Set New 2020 High
Bitcoin price is currently down nearly $400 from yesterday’s highs in a flash, after coming close once again to the $12,000 resistance level. According to a crypto analyst referencing on-chain analytics, once $12,000 is broken through cleanly by bulls, there’s “clear skies” above that until $16,500 – which they claim is just a minor “speed bump.” Technical analysis also demonstrates just how critical $12,000 has been to Bitcoin and its ongoing bear market, and why […]
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