- 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|
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