New 2020 Bitcoin Price High at $12,000 Proves Bulls Remain in Control

Cointelegraph

Published Aug 01, 2020 11:35PM ET

Updated Aug 02, 2020 01:20AM ET

After securing a strong daily close, Bitcoin (BTC) price continued to press higher by cruising to $12,000 within the last hour.

Breaking through the $11,500-$11,800 range was the bulls most significant achievement of the last week and a number of analysts have noted that above the $12,000 level there is little overhead resistance.

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