Bitcoin Price Intraday Analysis: BTC/USD on Sideways Trend

Arrow signal

Bitcoin price on Friday made no significant corrections from its intraday low near $6,302. The BTC/USD over the course of past 24 hours has done a raise-and-erase act, signaling a sideways sentiment. At the beginning of the Asian session, the pair had noted a weak bull correction attempt, so that it established an intraday high around 6540-fiat. The bulls got cold feet around 6500-area and sellers started exiting their long positions – perhaps on small intraday gains – to push Bitcoin back towards the previous low. That was the European…