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  • Bitcoin  price in the session on Tuesday is trading with losses of some 0.60%.

  • The price had staged a rebound over the past four sessions, closing consecutively in the green.  

  • BTC/USD price action is moving within a critical demand area, running from $9500 – 10,000.

  • A barrier can be seen at the pychological $10,500 price territory.  

 
Spot rate:                   10,319.10

Relative change:       +0.50%

High:                          10,501.90

Low:                           10,284.43

BTC/USD daily chart

  • Price action is narrowing within a large triangular structure, subject to a breakout.  

Chart to follow.

BTC/USD 60-minute chart

  • The supply around $10,500 area can clearly be seen as the price losses momentum.  

Chart to follow.