#Bitcoin Bitcoin price prediction.
Bitcoin shows a bullish market structure on the 12-hour chart.
Key pullback levels have been defended so far, but a retest cannot yet be ruled out.
bitcoin [BTC] continued to trade within the short-term range. It has a bullish bias on higher time frame price charts, and whales were accumulating the asset at a rapid pace.
A recent AMBCrypto Report highlighted that this accumulation could continue for some time to come. Bitcoin has large amounts of liquidity nearby, which could hinder attempts to exit in either direction.