Ken Chigbo
Independent Analyst
- Bitcoin price is trading in negative territory, down 0.50% in the second half of the session.
- BTC/USD bulls are running at seven straight days in the green, as the move higher continues.
- The next major barrier is viewable at the psychological $8000 mark.
BTC/USD daily chart
Bitcoin bulls completed another session in the green, marking seven consecutive, with no slowdown in sight. Eyes are now on the big $8000 price mark.
BTC/USD 60-minute chart
A critical near-term trend line can be seen supporting the price in its move north via the 60-minute chart view.
Spot rate: 7741.60
Relative change: -0.60%
High: 7795.83
Low: 7672.18
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