Bitcoin price prediction: BTC/USD bulls get ready for revenge – Bitcoin confluence

Bitcoin price prediction: BTC/USD bulls get ready for revenge – Bitcoin confluence

BTC/USD consolidates above $11,000 after a strong sell-off. The strong support awaits BTC bulls on approach to $11,000. Bitcoin (BTC) has recovered from the recent lows to trade at $11,550 by press time. However, the first digital asset is controlled by bears as a strong move below $12,000 handle worsened the short-term technical picture.