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  • Bitcoin price on Friday is trading in the green, up some 3.10%.  
  • BTC/USD will need to break down a big barrier seen at $11,000 in order to achieve a greater upside.  
  • A decent wave of buying came into play as the price broke out of the recent range, which was capped at $10,200 to the upside.


Spot rate:                 10,400.15

Relative change:       +3.10%

High:                         10,433,57        

Low:                           10,043.89        

BTC/USD daily chart

  • Price action is being supported to the upside by an ascending trend line. Big barrier eyed at the $11,000 mark.

BTC/USD 60-minute chart

  • The bulls saw a breakout from recent range which was capped at $10,200.