Bitcoin price is trading nicely above the $11,650 and $11,500 supports sharply against the US Dollar. The price is likely to break the $12,000 resistance and continue higher in the coming sessions. There is a crucial contracting triangle forming with resistance near $12,000 on the hourly chart of the BTC/USD pair (data feed from Kraken)....The post Bitcoin Price (BTC/USD) Targets Fresh Weekly High Above $12.2K appeared first on NewsBTC.