- Bitcoin price is trading in positive territory, up 0.50% in the second half of the session.
- BTC/USD bulls are having difficulty breaking down the $10,000 price mark for now.
- Critical near-term support should be noted at $9500, a lower ascending trend line.
BTC/USD daily chart
Price action moving within an ascending wedge structure, subject to a potential breakout south.
BTC/USD 60-minute chart
Near-term price action broke out of and now broken back above a pennant structure via the 60-minute.
Spot rate: 9810.21
Relative change: +0.50%
High: 9905.78
Low: 9707.95
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