Imploding Trump Pelosi COVID-19 deal leads to 3% Bitcoin price drop

Bitcoin (BTC) price fell 3% in less than three hours as the US stock market plummeted. After a pullback, most traders are neutral or slightly bearish about BTC's short-term trend.

Traders and network analysts are currently identifying $ 12,500 and $ 11,973 as two levels to watch for the Bitcoin rally to continue.