RATE Group | BTC/USD closing in on the big $10,000 mark
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BTC/USD closing in on the big $10,000 mark

07 Feb BTC/USD closing in on the big $10,000 mark

Posted at 20:09h in Bitcoin News by

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  • Bitcoin price is trading in positive territory, up 0.10% in the second half of the session. 
  • BTC/USD bulls have been more or less rallying for eight weeks, moving from $6500. 
  • The psychological $10,000 mark is very much within reaching distance. 

 

BTC/USD weekly chart

The price is heading for a consecutive week in the green, following the price smashing two critical barriers; $9000 and $9500. 

                

BTC/USD daily chart

There is some resistance around the high area of October at the $9700-9950 range. If broken down can provide a fast move into $10,500 territory. 

Spot rate:                9762.10

Relative change:     +0.10%

High:                        9875.44

Low:                         9714.36

 

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