Over the past week, Bitcoin rate came only a bit short of the expected $12K. After reaching $11470, it went into technical correction. Then, jumping off the Fibonacci level 38 (see the graph), Bitcoin started a new growth leap.
Yesterday Bitcoin hit a new historic maximum of $11880. There is a chance of further growth to $12K in the next 4-5 days – and if that height is taken, it will lead the price even more up.
Our price analysis is for information purposes only. Please make the Bitcoin purchase and investment decisions independently at your own risk.