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  • Bitcoin price is trading in the green, up some 2.50% in the second half of the session. 
  • BTC/USD bulls are maintaining momentum to the upside, running at four consecutive days in the green. 
  • A break down of the barrier seen at $7500, could open the door to greater buying pressure. 

 

BTC/USD weekly chart

Bitcoin managed to force another closure in the green for the week, running towards its fourth consecutive. 

BTC/USD daily chart

Bulls are tackling the $7500 barrier, which has proven to contain the price since the back-end of November. A break above could prove to be critical for further bull momentum.

 

Spot rate:                  7560.72

Relative change:     +2.50%

High:                         7578.59

Low:                          7342.68