Bitcoin (BTC) has risen back above the $11,000 psychological price point after regaining ground on July 8’s and July 22’s bearish breakdowns. At 15:00 UTC on August 4, the world’s largest cryptocurrency by market capitalization rose above $11,000 for the first time in 21-days. BTC’s price stalled and then was retested along the $10,600 area on Aug. 4, proceeded by a breakout above $11,000, 10 hours after its most recent sell-off. BTC was last seen changing hands at $11,227 after a strong hourly candle broke above $11,050. The move for BTC has also been accompanied by $3.9 billion in total volume traded over a ... (full story)