- Bitcoin price is trading in positive territory, up 0.50% in the second half of the session.
- BTC/USD reclaimed the big $7000, however much supply remains within the region.
- Key levels to note; support barrier at $6500, resistance barrier at $7250.
BTC/USD daily chart
A minor move has been observed above $7000, although vulnerabilities still linger as price trades under breached bear flag.
BTC/USD 60-minute chart
There is risk of a near-term double top formation via the 50-minute chart view.
Spot rate: 7175.52
Relative change: +0.50%
High: 7191.07
Low: 7032.13
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