- Bitcoin price is trading in negative territory, down some 4% in the second half of the session.
- Near-term price action has smashed out from a bearish flag structure.
- BTC/USD is subject to further downside pressure should critical support of $900 be given up.
BTC/USD weekly chart
The price is testing critical weekly support to the downside seen at the $9000 price mark, which the bears are at present in control of driving deeper below.
BTC/USD daily chart
Daily price action is lost much upside momentum, following failure to break down supply at $9500.
BTC/USD 15-minute chart
Spot rate: 8,993.28
Relative change: -2.25%
|Today last price||8810.74|
|Today Daily Change||-389.82|
|Today Daily Change %||-4.24|
|Today daily open||9200.56|
|Previous Daily High||9373.46|
|Previous Daily Low||9081.6|
|Previous Weekly High||9938.64|
|Previous Weekly Low||8964.78|
|Previous Monthly High||10484.7|
|Previous Monthly Low||7300.54|
|Daily Fibonacci 38.2%||9193.09|
|Daily Fibonacci 61.8%||9261.97|
|Daily Pivot Point S1||9063.62|
|Daily Pivot Point S2||8926.68|
|Daily Pivot Point S3||8771.75|
|Daily Pivot Point R1||9355.48|
|Daily Pivot Point R2||9510.4|
|Daily Pivot Point R3||9647.34|
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