- Bitcoin price is trading in positive territory, up 0.95% in the second half of the session.
- BTC/USD bulls must breakdown a barrier at $9500-600 for greater gains north.
- The price over the last six sessions has been narrowing, following strong moves last week.
BTC/USD weekly chart
The price managed to close up in the green last week above the psychological $9000 mark.
BTC/USD daily chart
Price action is narrowing within a potential pennant structure, subject to a breakout.
Spot rate: 9279.38
Relative change: -0.50%
High: 9614.05
Low: 9144.45
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