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  • Bitcoin  price is trading in the minor positive territory, up some 0.35% in the second half of the session.  
  • BTC/USD continues to move within the confinements of a bearish flag structure  via the daily chart view.  
  • The narrowing range conditions are growingly subject to a breakout, it remains unclear in terms of the imminent trend.  


BTC/USD weekly chart

The price has been moving within the range of $8500-8000 for going on four weeks.  

BTC/USD daily  chart

Price action via the daily remains subject to a potential breakout south, given the flag structure.




Spot rate:                   8,247.15

Relative change:       +0.35%

High:                           8,294.74

Low:                            8,201.35