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.
Morning Crypto Report: $17 XRP Dream Faces Bitcoin Crosswind, Shiba Inu 2.0? Vitalik Buterin Exits 6 Coins, SEC Chief Explains Venezuela's $60 Billion BTC Situation
$160M XRP Shuffle Sparks Confusion
Crypto Market Review: XRP Might Go Parabolic, Perfect Bitcoin (BTC) Bounce Setup, Dogecoin (DOGE) Losing Critical Support Level
Top Binance Traders Now 300% More Bullish on XRP, Shiba Inu (SHIB) Price Prints Golden Cross, Satoshi-Era Whale Wakes Up to Move $156 Million in Bitcoin — Crypto News Digest
$ETH is going to $270
— The Crypto Dog? (@TheCryptoDog) August 8, 2019
- according to me & a bunch of smart people on $crypto Twitter

Gamza Khanzadaev
Godfrey Benjamin
Tomiwabold Olajide
Arman Shirinyan