- BTC / USD fell from $ 7,296.25 to $ 6,873.74 on Friday.
- Elliott oscillator had a red session after 12 green straight sessions.
BTC / USD daily chart
BTC / USD sires attempt to return in the early hours of Saturday after raising the price by $ 6,873.74 to $ 6,924.50. This follows a strongly bearish Friday in which the BTC / USD collapsed $ 7,296.25 to $ 6,873.74. In the process, the price successfully plunged below the uptrend line and the $ 7,000 level. The BTC / USD is currently sandwiched between the SMA 50 and SMA 200 curves. Bulls must gain enough momentum to push the price up to $ 7,280.86 to move above the SMA 50 and the upward trend line. After Friday’s bearish action, oscillator Elliott had a red session after 12 consecutive green sessions.