- Bitcoin price is trading in positive territory, up 7.50% in the second half of the session.
- The bulls successfully held above the $6000 territory, with a recent push above $6500.
- A breakout from a narrowing range has invited an opportunity to drive higher.
BTC/USD daily chart
Price action had formed a bullish pennant between 19-23 March, of which the bulls have forced a breakout to the upside.
BTC/USD 60-minute chart
The next 60-minute zone of resistance is eyed at $6800-900 price range.
Spot rate: 6725.10
Relative change: +3.50%
High: 6861.94
Low: 6403.85
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