- Bitcoin price is trading in minor positive territory, up 0.30% in the second half of the session.
- BTC/USD bears are in full force driving the price towards its third consecutive session in the red.
- Following eight sessions of consolidation, the bears are taking back control.
BTC/USD daily chart
The breached $8500 support will now likely act as a touch barrier of resistance.
BTC/USD 60-minute chart
Price action broke out to the downside of a bearish pennant, the bulls are making a push back above, with a retest of $8500 eyed.
Spot rate: 8414.00
Relative change: +0.30%
|Today last price||8401.92|
|Today Daily Change||16.96|
|Today Daily Change %||0.20|
|Today daily open||8384.96|
|Previous Daily High||8663.76|
|Previous Daily Low||8279.28|
|Previous Weekly High||9010.95|
|Previous Weekly Low||7959.53|
|Previous Monthly High||7770.78|
|Previous Monthly Low||6432.05|
|Daily Fibonacci 38.2%||8426.15|
|Daily Fibonacci 61.8%||8516.89|
|Daily Pivot Point S1||8221.57|
|Daily Pivot Point S2||8058.18|
|Daily Pivot Point S3||7837.09|
|Daily Pivot Point R1||8606.05|
|Daily Pivot Point R2||8827.15|
|Daily Pivot Point R3||8990.53|
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