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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Tue, 08/06/2019 - 07:32
Bull Run Vibes: Bitcoin Price Skyrockets Above $12,000
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.
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Crypto Market Prediction: XRP Ready for $3, Bitcoin (BTC) Can't Handle It, Is Shiba Inu (SHIB) Ready for $0.00002?
$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