Bitcoin Price Hits 17-Month High Above $12.9K
Bitcoin has risen above $12,900 for the first time since Jan. 21, 2018, touching a new high for 2019 at $12,919, according to CoinDesk’s BPI data.
https://bitrss.com/news/142464/cryptocurrency-exchange-walahala
On June 26 at 03:00 UTC, Bitcoin broke out from a bullish pattern, rising in quick succession above $12,000 on strong momentum and high volatility. As of press time, the price has dropped back to above $12,500.
https://twitter.com/Walahala_Dex/status/1167414391668527104
The last time bitcoin (BTC) changed hands above $12,000 in January 2018, prices were on the way down, amid the beginnings of a down trending bear market. This time, things are much different.
https://www.linkedin.com/feed/update/urn:li:activity:6573180814287298560
BTC continues to post impressive results up 40 percent in the month of June alone, while its year-to-year performance is up by more than 250 percent, according to data at Messari.io.
Latest Bitcoin price overview link:
https://www.tradingview.com/chart/BTCUSD/dDmisk0C-Bitcoin-price-overview-waves-26-06-2019/
In addition, there has been a strong backing of weekly volume since the new year began, with the exception given to March, that saw below-average volume traded over the month. This is a good sign for the bulls as the moves are backed by strong liquidity and buying pressure.
https://cryptorum.com/threads/walahala.656965/
If momentum and market conditions maintain their current course, BTC could set its sights on $13,500 resistance in the coming days.
Should prices fall below $11,500 then consider a retest of the $11,000 psychological support zone, overall the trend remains very bullish.
https://bitcoinforum.com/profile/?area=showposts;u=21231
Reference: https://www.coindesk.com/bitcoin-hits-17-month-high-above-12-9k