Bitcoin technical analysis: BTC/USD slips back below $10,000
|- Bitcoin is trading in positive territory, holding gains of some 2.20% in the second half of Thursday.
- BTC/USD has been fighting to break back above the psychological $10,000 mark, not having enough juice to do so at present.
- The price continues to remain vulnerable underneath the $10,000 area.
Spot rate: 9995.00
Relative change: +2.40%
High: 10,187.00
Low: 9734.19
BTC/USD 60-minute chart
- Price action broke out to the downside, following a range escape. It was trading within a narrow range of $200 for most of the session.
Chart to follow.
BTC/USD daily chart
- Big resistance now observed at the $10,00 price area, causing issues for bulls.
Chart to follow.
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