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Here’s the Critical Level Bitcoin Needs to Hold Above to Maintain Its Momentum

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  • Bitcoin has shown some slight signs of weakness today as its bull struggle to keep it above $11,000
  • It is important to note that today’s price action hasn’t done much to alter its market structure, although a continued bout of trading beneath this level could be a grave sign
  • Analysts are now noting that the crypto remains in firm bull territory so long as it continues trading above $10,800
  • For its recent uptrend to extend even further, analysts are noting that it needs to flip $11,500 into support

Bitcoin is currently consolidating following its intense uptrend seen earlier this week.

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