Bitcoin technical analysis: BTC/USD seven consecutive days of gains; jumping some 25%
|- Bitcoin price is running with strong gains on Monday, over 7% in the session.
- BTC/USD bulls are running at their seventh consecutive session in the green.
- The price is up over 26% within the noted period, as it makes another attempt at all-time highs.
Spot rate: 11,794.10
Relative change: +7.50%
High: 11,858.66
Low: 10,978.69
BTC/USD 60-minute chart
- Price action moving within a bullish pennant structure via the 60-minute view.
BTC/USD daily chart
- The next major barrier of interest for the bulls will be $12,500-13,000 price range, where it has faltered in late June and early July.
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