BTCUSD momentum lacking
Bitcoin remains weak on Friday as the pioneer cryptocurrency continues to struggle to make a fresh daily and weekly trading high. BTCUSD sellers may start to target the $6,000 level if weakness persists below the resistance $7,000 area. Overall, traders are likely to remain cautious about buying the BTCUSD pair from the current level ahead of the weekly and monthly price close.
The BTCUSD pair is only bullish while trading above the $6,500 level, key resistance is found at the $7,000 and the $7,500 levels.
If the BTCUSD pair trades below the $6,500, sellers may test the $6,000 and $5,500 support levels.