Bitcoin continued heading upwards, but it couldn’t challenge the $12,000 line. Bitcoin Cash’s 10% increase is among the most impressive from the larger-cap alts, while some lower-cap altcoins have been surging by double-digits.
Bitcoin Aims At $12,000
Bitcoin was steadily progressing towards $12,000 in the past 24 hours. After yesterday’s low of $11,580, bulls took charge and spiked BTC’s price to a daily high of $11,910 on Bitstamp. However, the primary cryptocurrency couldn’t sustain its run and dipped briefly to $11,700.
After another unsuccessful attempt to conquer $11,900 and head towards the psychological level at $12,000, BTC has retraced slightly to $11,800. Just below ($11,750)
indeed wants to break above $12,000 and march towards a new yearly high.
Should it fail and bears take control, Bitcoin can rely on $11,400 as support, followed by $11,175, and $11,050.
last 24 hours resembles that of BTC again. Gold marked a new all-time high of $2,070/oz but has retraced since to $2,060 as of writing