June 22, 2024

Bitcoin price analysis: BTC/USDT may re-test 12,000

Flash Alert: Saturday 3rd August

Bullish technicals are reappearing.

  • Current price of bitcoin (at the time of writing) is $10,766.46;
  • Strong support shown at the long term uptrend;
  • Short term bearish regression line breaking down;
  • Bullish Moving Average Convergence Divergence (MACD) crossover spotted;
  • Bitcoin might retest $12,000 level!
  • A follow up to this Flash Alert is found here

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