- Bitcoin price is trading in positive territory, down 2.60% in the second half of the session.
- BTC/USD has managed to close four consecutive sessions in the green.
- Bulls are attempting to regather upside momentum, following the explosive push on Thursday.
BTC/USD daily chart
The price continues to have difficulty with chunky supply ahead of the psychological $7000 mark. A daily breakout and closure above via the daily is critical for further upside pressure.
BTC/USD 60-minute chart
Price action went back into tight trade conditions, however, the bulls forced a breakout of a narrowing triangular structure.
Spot rate: 6990.20
Relative change: +2.60%
High: 7048.98
Low: 6730.37
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