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  • Bitcoin price is trading in negative territory, down 4.80% in the second half of the session. 
  • BTC/USD has been falling since the deadly evening star formation in the week of 10 February. 
  • The price is back to trading at its worst levels since April 2019. 

 

BTC/USD weekly chart

The price produced its worst weekly performance since December 2017, as the bears took strong control in driving the price south. 

BTC/USD daily chart

Price action is narrowing within a bearish pennant structure via the daily chart view, at risk.

Spot rate:                 5085.72

Relative change:      -5.10%

High:                        5348.72

Low:                         4437.01

 

 

Expert score

5

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