On Tuesday Bitcoin (BTC) bulls mustered enough strength to push BTC price slightly above the $12K mark, a level not seen since Sept. 1.
The move occurred after Monday’s (Oct. 19) high volume surge to $11,822 was followed by continued buying into Tuesday, providing enough momentum for bulls to push above the ascending channel to $12,038.
![](https://s3.eu-central-1.amazonaws.com/s3.cointelegraph.com/uploads/2020-10/96666a52-4a19-4ca8-ba0c-6f4ac320516b.png)
The rally to $12K was also…
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