Ken Chigbo
Independent Analyst
- Bitcoin price Tuesday is trading with gains of around 4.5% in the latter stages of the session.
- BTC/USD has gained solid ground and comfort within the $8000 price territory, as it eyes further move north.
- The bulls are just one barrier away from a $10,000 price return, the current barrier of $8000-8500 is being worked on.
Spot rate: 8156.79
Relative change: +4.40%
High: 8337.26
Low: 6767.47
BTC/USD 60-minute chart
- A near-term ascending trend line of support, providing the necessary comfort for the bulls.
BTC/USD weekly chart
- Bulls are attempting to breakdown the last barrier ahead of $10,000, seen at $8000-8500.
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