Analysts say Bitcoin price ‘dips are transitory,’ suggesting BTC will

Volatility is the name of the game in the cryptocurrency market and the Nov. 11 evening sell-off in the price of (BTC) is a reminder that new all-time highs are often followed by sharp whipsaws to underlying support levels.

Data from Cointelegraph Markets Pro and TradingView shows that after dropping to a low near $62,800 late on Nov. 10, the price of Bitcoin managed to claw its way back up to the $65,000 level where bulls now look to consolidate and regroup for another push higher.