After several fakeouts, the Bitcoin price is hovering below the psychologically important $12,000 mark as the bulls are struggling to make a decisive move.
On a positive note, Bitcoin remains in the green with a minor 1.63 percent uptick over the last 24 hours. At the time of writing, BTC is sitting at $11,858, according to Coin360 data.
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Here’s more good news for Bitcoin enthusiasts — BTC dominance has now reached a new yearly peak of 68.9 percent, its highest level since March 2019.
However, according to trading expert ‘Crypto Dog,’ a new alt season might be just around the corner.
Crypto Market Prediction: Shiba Inu (SHIB) 50% Downtrend Should End, Ethereum (ETH) Mini-Death Cross Is Nothing, Bitcoin $80,000 Drop: Flip or Flop?
Not-So-Merry Christmas: Bitcoin to Score Second-Worst Q4 Ever
Shiba Inu (SHIB) Price Flashes Bullish Signal, XRP Sees 34% Jump in Weekly Inflows, Cardano Midnight (NIGHT) up 20% — Crypto News Digest
XRP Sees Sudden $0 During a $2,279 Million Liquidation Tsunami
$ETH is going to $270
— The Crypto Dog? (@TheCryptoDog) August 8, 2019
- according to me & a bunch of smart people on $crypto Twitter

Dan Burgin
Vladislav Sopov
U.Today Editorial Team