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Bitcoin technical analysis: BTC/USD needs to breakdown $12000-12500 for chance at $15000

Bitcoin technical analysis: BTC/USD needs to breakdown $12,000-12,500 for chance at $15,000

Bitcoin price is trading in positive territory, gains of some 5% on Friday in the second part of the session. BTC/USD managed to catch support from an ascending daily trend line. The price underwent a large correction on Thursday, which has seen the bulls buy those dips.