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  • Bitcoin price is trading in positive territory, up +1.40% in the second half of the session. 
  • BTC/USD bulls are firmly back into control following a break north of $8500 again.
  • A big boost for the bulls as the $9000 price mark is reclaimed. 

 

BTC/USD daily chart

Price action is heading for a big retest of last week’s high print up at $9190. Should the bulls successfully break above this, a further wave of upside momentum may very well follow. 

BTC/USD 60-minute chart

Supply observed via the 60-minute chart view is struggling with supply in the $9100-9150 region. 

 

Spot rate:                9009.70

Relative change:     +1.30%

High:                        9185.76

Low:                         8894.63