Atlas Trades — the crypto analyst of Trading View believes that the asset’s value is to test the $12K resistance again.
What to expect from BTC value?
The crypto was traded between $11800 and $11900 on August, 14th, and after that it fluctuates between $11700 and $11800 till the late evening. Then BTC turned bullish and reached $11850, and then the daily maximum of $11871.81.
Trading View Atlas Traders analyst claims that the BTC price will grow up to $12K.
The BTC/USD pair has a support level of $11600.4, and the resistance is at the turn of $12 000. The asset has already tested this resistance level on August, 10th, and on the next day it declined below the resistance and was traded at about $11200.
On August, 13th, the price chart got over the $11600 support level, and fluctuated between $11700 and $11800 for the whole day on August, 14th. However, the coin got bullish trend on August, 15th, surpassing $11980 and reaching the daily maximum of $11870.
Bitcoin is currently trading at $ 11,868.83 per coin
