- Bitcoin price on Friday is trading in very minor positive territory, up just 0.10% in the second half of the session.
- BTC/USD remains at elevated levels as the bulls eying up the $5500 territory.
- The next major area should $5500 be broken down will be $6000 territory.
Spot rate: 5278.69
Relative change: +0.10%
High: 5288.36
Low: 5196.70
BTC/USD 60-minute chart
- Price action via the 60-minute chart view is narrowing greatly within a range-block formation, subject to a breakout.
BTC/USD daily chart
- Bitcoin is moving within a bullish pennant pattern structure, eyes on a breakout.
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