Bitcoin technical analysis: BTC/USD critical demand area being tested to the downside at $9000
|- Bitcoin price in the session on Thursday is trading with losses of some 3.15%.
- BTC/USD price action is testing a critical demand zone to downside to the downside.
- The psychological $9000 mark is at present being defended by buyers, a critical demand area.
Spot rate: 9,420.25
Relative change: -3.10%
High: 9,716.85
Low: 9,321.06
BTC/USD daily chart
- Price action is testing critical demand area to the downside at the $9000 territory.
BTC/USD 60-minute chart
- The price smashed out to the downside of a bearish pennant structure, opening the door to a stronger wave of pressure.
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