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  • Bitcoin  price in the session on Monday is trading with gains of some 0.70%.
  • The price has been trying to break down the heavy supply region, $10,500-11,000 range.  
  • BTC/USD via the daily view continues to move within a narrowing triangular structure.  


Spot rate:                   10,460.10

Relative change:       +0.70%

High:                          10,532.56

Low:                           10,060.25


BTC/USD daily chart

  • Price action is knocking on the door of critical resistance, the upper acting trend line of a triangular structure.  

BTC/USD 15-minute chart

  • The bears had smashed out from a narrowing range-block formation, but the bulls have pushed their way back in, reversing the drop south.