Here’s Why an Analyst Thinks Bitcoin Is Primed to Retest $12,000
Bitcoin plunged during Friday’s trading session as the cryptocurrency was once again rejected at $12,000. $12,000 has been a pivotal level for BTC in the past week and also in the past three years. The drop scared many traders, many of whom opened short positions as Bitcoin slid under $11,500. Going against the grain, Bitcoin proceeded to bounce as altcoins erupted higher.
See more for yourself here (https://bitcoinist.com/analyst-bitcoin-primed-retest-12000/?utm_source=rss&utm_medium=rss&utm_campaign=analyst-bitcoin-primed-retest-12000).