Bitcoin (BTC) price bulls taking an extended move to the upside as momentum remains firm
|- Bulls are maintaining upside momentum, as Bitcoin continues to outperform several of its peers.
- BTC/USD locked in on the $6000 price territory return, just a push away.
The Bitcoin price is continuing to press north, as it print session highs. BTC/USD is breaking out from the session’s narrow range, which has invited a pick up in buyer volume. Bulls continue to grind down supply leading into $6000.
BTC/USD as seen via the 15-minute chart view had been moving within a near-term bullish flag structure, hence the sudden breakout.
A clean move above $5500-600 range, should provide a run up towards $6000 and allow reclaim of this area.
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