• Bitcoin  price is trading marginally in the red down some 1.25% in the second half of the session.  

  • BTC/USD bears keep firm control after smashing through big support as mentioned yesterday at $9500.

  • The next major level of support is seen at $7500, where the price last traded in June.

 
BTC/USD daily chart
 

Buyers are failed to defend the critical $9500 area, as they target $7500, next major level of support.

BTC/USD 60-minute chart

The price smashed out of near-term bearish flag structure and bulls attempting retest via 60-minute view.    

 
Spot rate:                   8426.82

Relative change:       -1.25%

High:                          8744.38

Low:                           8223.43