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.
Top U.S. Digital Assets Official Patrick Witt Joins Ripple Swell
Ripple CTO Names Key Threat for Hard Crypto Wallets, Dogecoin (DOGE) Treasury Soon to Go Public, Peter Brandt Responds to Bitcoin (BTC) Price Action — Crypto News Digest
Crypto Market Prediction: Shiba Inu (SHIB) and Dogecoin (DOGE) Prices Form Critical Triangle, Bitcoin's (BTC) Last Chance to Hit $120,000
Fidelity's Timmer Reveals Why Bitcoin Bulls Should Be Cautious
$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