- Bitcoin price is trading in negative territory, down 1.90% in the second half of the session.
- BTC/USD is moving within a very tight range block, subject to a breakout.
- Vulnerabilities remain tilted to the downside given the price is trading under $7000.
BTC/USD daily chart
Price action has done little over the last five sessions, tight trading conditions, ahead of the next committed move.
BTC/USD 60-minute chart
The price has broken out of and retested a bearish flag structure, leaving the door open to greater downside.
Spot rate: 6744.20
Relative change: -1.92%
High: 6938.64
Low: 6689.37
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