- Bitcoin price is trading marginally in the red down some 0.20% in the second half of the session.
- BTC/USD price is trading in between two key zones, resistance to the upside at $9000-500 range, to the downside $7500 big support.
- The price is gradually giving back its 2019 gains, trading at lowest levels since June.
BTC/USD daily chart
Price action is subject to further downside pressure, following the critical $9000 bottom area being breached earlier in the week.
BTC/USD 60-minute chart
The price is narrowing via the near-term view, as it consolidates, ahead of a further committed move, which appears to be stacked in the favour of market bears.
Spot rate: 8439.4
Relative change: -0.20%
High: 8446.54
Low: 8321.16
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