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  • Bitcoin price is trading in negative territory, down some 0.50% in the second half of the session.
  • BTC/USD vulnerable to a fresh wave of selling pressure, with a critical near-term zone being tested.
  • The price is running towards its third consecutive session in the red.


BTC/USD weekly chart

Critical weekly support to the downside is eyed back at the $7800 price territory.

BTC/USD daily chart

Should the bears breach $8500, it could prove to be very punishing.