Jul 14, 2019
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Bitcoin Bulls Stand at $11,000 After Weekend Tailspin

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Bitcoin Bulls Make Stand at $11,000 After Weekend Tailspin

It was a bloody Saturday evening for Bitcoin bulls, as bears and aggressive selling took the world’s most traded crypto from a high of USD 11,604 at the break of North American hours, to a first heavy fall at USD 11,350, before fighting several hours and losing.

By 1:00 pm EST (5:00 pm UTC), Price took two more consecutive dives, to a dangerous low breaking the USD 11,000 support at USD 10,826 (CoinDesk). Since then, however, Asian markets on a Sunday have fought to keep Bitcoin breathing above that crucial USD 11,000 mark. Central European trading has already cut down much of those recovery points, though, and it looks like the bulls will have to prepare for a weekend stand above this support line if they are to weather North America again in a few hours.

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