Bitcoin reached a peak of $12,500 last week as buyers rushed in. As fast as BTC spiked, it reversed, dropping as low as $11,400 towards the end of last week. Bitcoin has since recovered as it now trades at $11,650. The failure to maintain $12,000, though, has left some analysts scared. There are some market commentators suggesting that Bitcoin is still poised to reverse into a bear market from here. A crucial technical indicator suggests […]
