Bitcoin is trading at a slight decrease for the day, with the price being below the previous day’s close.
BTC / USD continues to consolidate below $ 9,000 and is just above the key support of $ 8,500.
The price range is narrowing, which can lead to an explosive breakthrough.
On a weekly chart, the trend remains bullish, with the last 2 bars helping to break above the diagonal resistance.
On a daily chart, the price continues with tests of $ 8,500 and consolidation continues. Breakdown of the noted support will be followed by a downlink test.
Relative change: -1.05%
Trader Aleksandar Kumanov