- Bitcoin price is trading in positive territory, up 0.95% in the second half of the session.
- BTC/USD bulls are consolidating within the $9000 zone, ahead of further potential moves north.
- Upon a successful breakdown of the resistance within the $9500 area, a return to $10,000 will be eyed.
BTC/USD daily chart
There is a heavy block of supply primarily running from $9250-9500 via the daily view. Ahead of the big psychological $10,000 mark.
BTC/USD 60-minute chart
Price action is narrowing within a pennant structure, subject to a potential breakout higher.
Spot rate: 9376.69
Relative change: +0.95%
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