CoinGape
2020-08-06 01:56:53

Bitcoin Price Analysis: BTC/USD Facing Solid Resistance On Approaching $12,000

Bitcoin price breaks out of short term consolidation between the 23.6% Fibo and the 61.8% Fibo to test resistance at $11,700. BTC/USD seeks higher support, preferably above the 61.8% Fibonacci level (former resistance zone). There is a growing resistance as Bitcoin closes in on $12,000. Nevertheless, there has been commendable progress since August 2 when

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