- Bitcoin price is trading in the green, up some 0.45% in the second half of the session.
- BTC/USD moving within consolidation mode following the strong push north in the session on Tuesday.
- The price is on course for a critical weekly closure above a bullish flag structure.
BTC/USD weekly chart
The bulls are enjoying a five-consecutive week run higher, most straight closures in green since March 2019, as the bulls regather strong momentum.
BTC/USD daily chart
Price action via the daily chart is maintaining decent heights following a strong bullish pennant breakout on Tuesday.
Spot rate: 8857.90
Relative change: +0.45%