
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.
Advertisement
Advertisement

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.
Grayscale Submits S-1 Filing for Cardano ETF, ADA Community Reacts
Michael Saylor Presents 'Space Bitcoin Station' to Survive Coming Fiat Collapse: 'All Aboard'
Ethereum (ETH) Ready for $5,000 Drive, Shiba Inu (SHIB): Everything Next Week, XRP Crash to $2.50 Incoming?
Ripple CTO Ends Speculation on XRP Fork, RLUSD Becomes Key Feature on Aave’s Lending Platform, Cardano Eyes Golden Cross — 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