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Bitcoin Price Analysis: BTC bulls regain control, $11800 back in sight

Bitcoin Price Analysis: BTC bulls regain control, $11,800 back in sight

Bitcoin defies Saturday’s bearish odds, as the journey towards $11,800 resumes. A potential bull flag spotted on the 15-minutes chart. BTC/USD trades above all major SMAs in the given timeframe. After Saturday’s temporary pullback, Bitcoin (BTC/USD) has resumed its recovery momentum from Thursday’s sell-off to $11,125.