Bitcoinist
2020-08-24 01:00:11

Here’s Why Analysts Remain Bullish on Bitcoin Despite Failure at $12k

Bitcoin failed to hold above $12,000 last week after temporarily moving above $12,400. The asset now trades for $11,650, having faced a rejection at the pivotal $12,000 level. BTC’s rejection at that level has made some analysts fear that a strong price drop is incoming. A growing number of traders remain optimistic about Bitcoin’s prospects, though. Here’s more on why they think so. Why Bitcoin Could Continue to Push Higher: Analysts Explain Analysts remain somewhat […]

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