Ken Chigbo
Independent Analyst
- Bitcoin price on Friday is outperforming its peers gains of over 2% in the second half of the session.
- BTC/USD bulls are approaching major barrier running from $6500-7000 range.
- Near-term bullish flag formation eyed via the 60-minute subject to a breakout.
Spot rate: 6269.51
Relative change: +2.05%
High: 6335.39
Low: 6108.38
BTC/USD 60-minute chart
- BTC/USD moving within a near-term bullish flag structure, as the price consolidates, subject to an imminent breakout.
BTC/USD daily chart
- Bulls are heading for a big test of the $6500-7000 price region, with strong upside momentum.
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