RATE Group | BTC/USD bears heading for move towards psychological $10,000 territory
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BTC/USD bears heading for move towards psychological $10,000 territory

13 Aug BTC/USD bears heading for move towards psychological $10,000 territory

Posted at 13:31h in Bitcoin News by

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  • Bitcoin price in the second half of Tuesday is trading in the red, down some 1.35%. 
  • BTC/USD price action remains weighted to the downside, following the rejection within supply around $12,000 region. 
  • Price action via the daily chart view is constructing a potential inverse head and shoulders pattern.

 

Spot rate:                 11,202.10

Relative change:      -2.30%

High:                        11,439.75

Low:                         11,200.23

BTC/USD daily chart

  • Price action via the daily is forming an inverse head and shoulders structure. 

BTC/USD 60-minute chart

  •  The price via 60-minute chart view has extended to the do

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