Bitcoin (BTC) on the brink of $9000 return
|- Bitcoin holding gains of over 7% in the latter part of Tuesday.
- BTC/USD broke out and retested a pennant pattern via the 60-minute chart view.
Bitcoin price has further pushed north trading around session highs, as the bulls close in on the $9000 price mark.
Price action via the 60-minute broke out and retested a pennant structure, leaving the door open to further upside momentum.
Looking north, there is little in the way of resistance until the psychological $10,000 mark, should the bulls crack and hold $9000.
BTC/USD 60-minute chart
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.