Bullish Bitcoin Price Trend Intact Even After BTC Retests $11.4K Support

Cointelegraph

Published Aug 07, 2020 09:48PM ET

Updated Aug 08, 2020 11:40PM ET

Earlier today Bitcoin (BTC) price abruptly dropped to $11,322 after topping out at $11,909.

The mild correction came as U.S. jobless claims fell to 1.2 million and U.S. markets opened slightly in the red but by the end of the day Dow and S&P 500 closed with a 0.7% and 0.17% gain.

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