- Bitcoin price is trading in negative territory, down some 2.70% in the second half of the session.
- BTC/USD daily price acting is moving within a descending channel structure.
- The price is running towards its fourth consecutive session in the red.
BTC/USD weekly chart
The bears are pressing Bitcoin towards its third consecutive week in the red.
BTC/USD daily chart
Price action is forcing a breakout below the game-changing $8000 mark, a closure below could be devastating.
Spot rate: 7,856.48
Relative change: -2.70%
High: 8,114.53
Low: 7,826.36
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