- Bitcoin price is trading in the green, up some 2.50% in the second half of the session.
- BTC/USD bulls are maintaining momentum to the upside, running at six consecutive days in the green.
- Following a break down the $7500 barrier, buying pressure has seen a return into $8000.
BTC/USD daily chart
The price is running with decent consecutive daily gains, pushing up to the highest levels seen since 11 November. The return into $8000 territory has restored much buying faith.
BTC/USD 60-minute chart
Price action is narrowing within a range block formation, subject to a momentum breakout. Range see at a high of $8450 down to a low of $8280.
Spot rate: 8365.51
Relative change: +2.50%
High: 8462.46
Low: 8151.42
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