Bitcoin Technical Analysis: BTC/USD must break $7500 for a greater recovery
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Bitcoin price is trading in negative territory, down some 0.70% in the second half of the session.
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BTC/USD has a large barrier in the way at $7500, preventing further recovery for now.
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Should the noted resistance be tackled, the next area of interest seen back up at $9000.
BTC/USD weekly chart
The price is moving within a bullish flag structure via the weekly chart view.
BTC/USD daily chart
Bulls are running at with three consecutive sessions in the green, after staging a rebound.
Spot rate: 7470.60
Relative change: -0.70%
High: 7582.81
Low: 7425.43
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