In recent days, the bulls were able to develop a large-scale attack and push the price of Bitcoin up to $12,123. In the previous review of the bitcoin market, we talked about the bulls approaching the $9,700 zone to attack the bears. After strengthening above $9,700, the bulls rose rapidly to $11,300 and then to $12,100. At $11,800-$12,000 there is a resistance zone, to overcome which the bulls will have to accumulate strength.
At the moment the price of the Bitcoin is $11,230. We remain in ascending movement. Yesterday the sellers succeeded in dropping the price to $10,500, but it was just a downward correction movement, successfully bought out by the buyers.