Search ForexCrunch
  • Bitcoin price in the second half of Tuesday is trading marginally in the green, gains of 0.70%.
  • BTC/USD is being comforted for the time being by key demand, $9500-9200 range.
  • Price action is beginning to narrow within a triangular structure.  

 

Spot rate:                  9558.19

Relative change:       +0.40%

High:                          9611.31

Low:                           9374.99

BTC/USD 60-minute chart

  • Price action continues to move within a channel structure, potentially a bearish flag.  

 

BTC/USD daily chart

  • The price is starting to narrow greatly within a triangular structure, subject to a growing break out.