Right after breaking out above the blue-marked trend line at $9200 on
July 21st, Bitcoin started to fire its engines, and yesterday –
following ten magic days – BTC price recorded a fresh 2020 high above
$12,100. An incredible 31% increase.
And then it came: Immediately
after recording the new high, we got the first significant correction
since the 2020 parabolic run had started. And what a correction it was.
Read More:
The 2020 Bitcoin Bull-Run Over? Bitcoin (BTC) Price Analysis