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Bitcoin technical analysis: BTC/USD second attempt at $9000 eyed

  • Bitcoin price in the second part of Friday is trading in minor positive, gains of some 1.7%.  
  • BTC/USD moving within an ascending channel formation, with eyes on another attempt at $9000.  
  • Aside from the $9000 mark, resistance is seen further ahead at $9500 territory.  

 

Spot rate:                   8425.45

Relative change:       +1.70%

High:                          8467.39

Low:                           8110.70

BCH/USD 60-minute chart

  • The price via the 60-minute chart has broken out from a narrowing range formation and retested, leaving the door open to some further upside pressure.  

BCH/USD daily chart

  • Price action is moving within a rising ascending channel formation, at bulls another $9000 retest.  

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