Search ForexCrunch

  • Bitcoin price in the session on Thursday is trading in negative territory by some 0.25%.

  • BTC/USD bears managed to force a breakout to the downside of the big psychological $10,000 mark.  

  • The price has been able to catch some near-term support within a known area of demand, $10,000-9,000 price range.  

 

Spot rate:                   10,038.25

Relative change:       -0,25%

High:                         10,203.89

Low:                           10,046.93 5

BTC/USD daily chart

  • The falling price managed to catch some support, after dipping into a known large demand zone, $10,000 down to $9,000 price range.  

BTC/USD 4-hour chart

  • Price action via the 4-hour chart view has formed a morning star/reversal doji candlestick. It suggests of a potential pullback, depending on bullish momentum.