Ken Chigbo
Independent Analyst
- Bitcoin price is trading in negative territory, down 1.00% in the second half of the session.
- BTC/USD bulls are in firm control following a break north of $9000 again.
- The market buyers will now be looking for a return back into the psychological $10,000 territory.
BTC/USD daily chart
The price is running towards its fourth consecutive session in the green, strong advances following a move back above $9000.
BTC/USD 60-minute chart
Price action was consolidating via the hourly chart view within a range-block, the bears have managed to breach this to the downside. A retest is being observed currently.
Spot rate: 9299.27
Relative change: -1.30%
High: 9431.25
Low: 9274.18
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