Troubling Sign: Bitcoin’s Surge to $8.2k Was Much Weaker Than to $12k, Data Shows

Over the weekend, the bitcoin price spiked to as high as $8,200 prior to the highly anticipated weekly close. Despite it being the first strong breakout since November 2019, there was not enough buying demand to push it to higher levels. Many traders expected bitcoin to hit upper resistance levels including $9,000 supported by the... The post appeared first on NewsBTC.