Bitcoin Price Consolidates Back Over $12000, Markets Bullish34.8

The long-awaited Bitcoin price correction has failed to materialize yet again as the king of crypto has held on to gains over the weekend. Consolidation around $12000 appears to be forming and the uptrend is still clearly very strong.

Over the past 24 hours BTC has been slowly grinding higher adding almost 5% on the day. From around $11,500 yesterday Bitcoin price has ticked up over the $12000 barrier to settle at around 00 during the Sunday morning Asian trading session. Daily volume is back down to ~$28 billion and the next high will be critical in determining the next direction for BTC.

Original source
https://bitcoinist.com/bitcoin-price-back-over-12000-markets-bullish/

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