Bitcoin price has finally reclaimed its position above $12,000 following a period of consolidation between support at $11,500 and resistance at $12,000. The weekend session remained bullish all along but bulls lacked the volume to sustain gains such as the ones witnessed on Monday during the Asian session. Bitcoin is trading at $12,028 at the time of writing following a 3% value growth on the day. An intraday high has been traded at $12,083 marking a temporary halt to the rally that eyes $13,000. Last week Bitcoin hit new yearly highs at $12,145 but retreated massively. The current gains seem substantial enough to be contained above $12,000 as buyers focus on higher levels; starting with $12,500 and $13,000. More to follow FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Gold Price Analysis: Key downside targets to watch after NFP’s down day – Confluence Detector FX Street 2 years Bitcoin price has finally reclaimed its position above $12,000 following a period of consolidation between support at $11,500 and resistance at $12,000. The weekend session remained bullish all along but bulls lacked the volume to sustain gains such as the ones witnessed on Monday during the Asian session. Bitcoin is trading at $12,028 at the time of writing following a 3% value growth on the day. An intraday high has been traded at $12,083 marking a temporary halt to the rally that eyes $13,000. Last week Bitcoin hit new yearly highs at $12,145 but retreated massively. The current gains seem… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.