There was a steady rise in bitcoin price and it tested the $12,000 resistance level. It traded as high as $12,053 and is currently correcting gains towards $11,600. There is a new connecting bullish trend line forming with support near $11,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair...The post Bitcoin (BTC) Price Hits First Target: $12.5K Now In Sight appeared first on NewsBTC.