New 2020 Bitcoin Price High at $12,000 Proves Bulls Remain in Control

After securing a strong daily close, Bitcoin (BTC) price continued to press higher by cruising to $12,000 within the last hour.

Crypto market daily price chart. Source: Coin360

Breaking through the $11,500-$11,800 range was the bulls most significant achievement of the last week and a number of analysts have noted that above the $12,000 level there is little overhead resistance.

Source. Cointelegraph