- Bitcoin price is trading in negative territory, down some 1.90% in the second half of the session.
- BTC/USD is a the mercy of the bears, following critical $7000 breach earlier in the week.
- Eyes are on a test of the breached zone $7000-6800 which was seen on Tuesday.
BTC/USD weekly chart
The price is heading towards the next major weekly level at $6500, the low of 29 November week.
BTC/USD daily chart
Price action remains vulnerable after breaking critical zone $7000-6800, sitting under breached pennant structure.
Spot rate: 6420.89
Relative change: -1.90%
High: 6717.01
Low: 6420.04