Bitcoin price still due $12K dip, says trader as ETF guru backs GBTC

Bitcoin price still due $12K dip, says trader as ETF guru backs GBTC

Bitcoin (BTC) stayed undecided on Nov. 24  as one trader reinforced a $12,000 BTC price target.

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

BTC price “main target” for bottom $12,000-$14,000

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $16,500 as an eerie calm continued on the market.

The pair nonetheless failed to convince analysts that better times were on the way, and popular commentator Il Capo of Crypto suggested that it was only a matter of…


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