Bitcoin technical analysis: BTC/USD flirting with the big $10,000, a breach would be punishing

• Bitcoin price on Tuesday is trading in negative territory by 1.80%.
• BTC/USD is flirting very closely with the psychological $10,000 price mark.  
• Price action is moving within a narrowing triangular structure, nearing a breakout.  

Spot rate:                   10,169.57

Relative change:       +1.80%

High:                          10,377.75

Low:                           10,024.66

BTC/USD daily chart

• The price is moving within a triangular structure, with a head and shoulders patterns eyed.  

BTC/USD 60-minute chart

• Price action via the 60-minute chart view is moving within an ascending channel formation.