Bitcoin technical analysis: BTC/USD large vulnerabilities with price trading under $10,000
|- Bitcoin price in the session on Thursday is trading with losses of some 2.90%.
- BTC/USD is now trading at seven consecutive sessions in the red, as the bears maintain control.
- The price trading under $10,000 creates much in the way of vulnerabilities for Bitcoin.
Spot rate: 9865.98
Relative change: -2.90%
High: 10,182.54
Low: 9606.35
BTC/USD daily chart
- BTC/USD price is heading for its seventh straight session trading in the red.
BTC/USD 60-minute chart
- Price broke out from a narrowing range blog formation and is now consolidating within a bearish pennant structure.
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