- Bitcoin price in the session on Wednesday is trading firmly in the green, up some 5%.
- BTC/USD upside momentum resumes after the bulls took a break on Tuesday.
- The bulls are attempting to make firmer footing within the $12,000 price territory.
Spot rate: 12,068.99
Relative change: +5.27%
High: 12,150.20
Low: 11,385.94
BTC/USD 60-minute chart
- Price action set to challenge the high area seen in the session on Tuesday 6 August.
BTC/USD daily chart
- Bulls are making decent progress for a breakdown of the big supply zone, $12,000-12,500 range.