“Traders may want to see BTC settle above $12,000 before hitting the market with fresh bids,” the publication wrote, noting that BTC had repeatedly failed to hold onto gains above $12,000 in the last six weeks.
In today’s trading, the Bitcoin price stood at $11,772.52, as of 10:28 BST. The digital currency has lost 0.9% in the past 24 hours, Coinmarketcap data shows. The coin’s total market cap currently stands at $210.3 billion, which represents 69.4% of the combined value of all digital coins.
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