Bitcoin: Before you take long trades of BTC's $20k breakout, read this – AMBCrypto News

After rising to $22,000 on 8 July, Bitcoin [BTC] bulls have another reason to rejoice. The crypto king broke the $20,000 mark against all odds on 14 July. 

The intraday low of Bitcoin on 14 July went to $19,613. However, the buyers stepped in with demand and BTC eventually crossed the important psychological level of $20,000. At press time, Bitcoin was at an exact price of $20,873- a 5.55% rise in the last 24 hours.

Bears in disbelief?

Despite the recent uptick, the indicators on the price…


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