- Bitcoin price is trading in positive territory, up some 1.30% in the second half of the session.
- BTC/USD vulnerable to a fresh wave of selling pressure, as key support is being breached.
- Next major support to the downside would be back within the $7000 price territory.
BTC/USD weekly chart
The bears will be pushing for a retest of the next major weekly support zone at $7800.
BTC/USD daily chart
Daily price acting is breaking down critical near-term support seen at $8700.
Spot rate: 8,993.28
Relative change: -1.40%
|Today last price||8639.88|
|Today Daily Change||-118.76|
|Today Daily Change %||-1.36|
|Today daily open||8758.64|
|Previous Daily High||8838.91|
|Previous Daily Low||8706.68|
|Previous Weekly High||9580.19|
|Previous Weekly Low||8668.6|
|Previous Monthly High||10484.7|
|Previous Monthly Low||7300.54|
|Daily Fibonacci 38.2%||8757.19|
|Daily Fibonacci 61.8%||8788.4|
|Daily Pivot Point S1||8697.25|
|Daily Pivot Point S2||8635.85|
|Daily Pivot Point S3||8565.02|
|Daily Pivot Point R1||8829.47|
|Daily Pivot Point R2||8900.3|
|Daily Pivot Point R3||8961.7|
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.