Home Bitcoin BTC/USD on a 4-day bull run, but has serious to breakdown $6500 area
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Bitcoin BTC/USD on a 4-day bull run, but has serious to breakdown $6500 area

FX Street
Updated:
  • Bitcoin price was seen holding gains of 0.4% in the latter stages of trading on Friday.
  • BTC/USD is currently on a 4-day bull run, bouncing back after the downside pressure from the start of the week.  

Bitcoin price was seen hooding most gains of just some 0.4% in the latter stages of trading on Friday. BTC/USD running towards its fourth consecutive session in the green.

BTC/USD has bounced around 3% higher, over the past few sessions. This comes after the heavy selling pressure encountered at the start of the trading week. Dropping to the lowest levels on Monday seen since 15th October.

Technically, the next major obstacle looking via the daily chart view, is likely to be the $6500 mark. This has also been the top of the 18 session trading range. Support for now looks firm at $6215 area, 29 and 31 October low.  

BTC/USD daily chart

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