Bitcoin hits $25K as bearish voices call BTC price ‘double top’

Bitcoin hits $25K as bearish voices call BTC price ‘double top’

Bitcoin (BTC) spiked through $25,000 for the first time in months on Aug. 14, but traders refused to take any chances on a bull run.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Weekend produces brief $25,000 tap for BTC

Data from Cointelegraph Markets Pro and TradingView tracked a sudden run-up on BTC/USD, which hit $25,050 on Bitstamp in a $350 hourly candle.

The move took the pair to a new personal best since June 13, erasing more of the losses seen that day in what remains a…


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