Why Bitcoin Could Soon Return to Monday’s Price Levels After $12k Test

Bitcoin is looking to retest $11,760 as support, a cryptocurrency analyst recently shared. He made these comments as BTC/USD showed signs of an extended downside correction a day after retesting $12,000 as a level of resistance. The pair was trading at $12,086 at the highs on Tuesday. Nevertheless, a higher profit-taking behavior near the said intraday high sparked a downward move. A part of the correction sentiment also took cues from the US dollar index, […]
Bitcoinist.com

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Author: toutiao