Bitcoin technical analysis: BTC/USD using $9000 as a cushion, potential for new bottom area
|- Bitcoin price on Tuesday is trading in the red, nursing losses of around 2.15%.
- BTC/USD price action is trading very close to a key near-term ascending trend line.
- The price is now using the $9000 area as a new potential cushion of support.
Spot rate: 9124.73
Relative change: -2.15%
High: 9358.44
Low: 9030.80
BTC/USD 60-minute chart
- A near-term ascending trend line providing required comfort for the bulls.
BTC/USD daily chart
- Price action via the daily is now using $9000 as a new bottom area, after breaching above.
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