Bitcoin Technical Analysis: BTC/USD bulls have clear room to run
|- Bitcoin price in the second half of the session on Friday is trading well into the green, big gains of over 6%.
- BTC/USD price is running at fresh session highs, breaking out from a bullish flag structure.
- The price isn't too far away from moving back to pre-November fall levels.
Spot rate: 5760.61
Relative change: +6.60%
High: 5795.46
Low: 5365.95
BTC/USD 60-minute chart
- Price action picked up the pace to the upside after breaking out from a range-block formation from 30 April, following a brief dip in the price.
BTC/USD daily chart
- Bulls smash out from bullish flag pattern structure, much room to press further north.
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